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How to Know the Tax Liability at Risk in Bills Receivable Report (Hindi) | TallyHelp

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Applicable to Release 5.0 and later

This video demonstrates the process of knowing tax liability at risk in the Bills Receivable - GST report in TallyPrime.

In your business, you might miss to report one or more invoices in your GSTR-1.

This affects the Input Tax Credit (ITC) of the buyer due to which there might be delay in the outstandings receivable.

With this report, you can identify such risks and correct your books.

It helps also to seek payments from buyers where bills are reconciled.

Moreover, you can resolve claims by the buyer of missing vouchers.

Moreover, it will help buyer to claim the ITC if you report the appropriate amount on the GST portal and reconcile the books.

The Bills Receivable report gives the facility to understand the source of difference in amount, as you can go to the GST portal view of the uploaded invoice.

Moreover, with the GST Info, you can also understand how the difference in tax amount is calculated in TallyPrime.

This helps you take the necessary actions.

Watch the video to know how to know tax liability at risk in the Bills Receivable - GST report in TallyPrime.

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Видео How to Know the Tax Liability at Risk in Bills Receivable Report (Hindi) | TallyHelp канала Tally Solutions
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