GST Reports
If your business is GST-registered, you are required to file regular GST returns. Stock Register auto-generates GSTR-1 (outward supplies from your sales data) and GSTR-2 (inward supplies from your purchase data) reports. These reports are formatted for easy filing โ download them in Excel format and share directly with your Chartered Accountant or upload to the GST portal. Accurate GST reports depend on correct GSTIN, HSN codes, and tax rates in your invoices, so ensure these are set up properly.
Steps
- From Reports, navigate to the GST Reports section.
- GSTR-1 Report: Generate outward supplies data for GST filing (sales). Required for quarterly or monthly GST returns.
- GSTR-2 Report: Generate inward supplies data for GST filing (purchases). Tracks your input tax credit.
- Filter by date range and download in Excel format for easy filing with your CA or the GST portal.
Tip: Export GST reports in Excel format and share directly with your CA for GST return filing. Ensure all invoices have correct GSTIN, HSN codes, and tax rates.
Common Questions
Go to Reports and navigate to the GST Reports section. You can generate GSTR-1 (outward supplies / sales) and GSTR-2 (inward supplies / purchases) reports. Filter by date range (e.g., quarterly period), download in Excel format, and share with your CA for filing. The reports are formatted to match GST filing requirements.
Ensure all your invoices have the correct GSTIN for each party, proper HSN/SAC codes for items, and accurate tax rates (CGST, SGST, IGST). Incorrect or missing details will lead to inaccurate GST reports and potential filing issues.
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