The Invoice Management System (IMS) helps you track Input Tax Credit in real time and proactively communicate discrepancies to vendors, reducing the risk of cash-flow impact.
Based on your feedback, several usability and automation improvements are also coming, including:
Together, these enhancements make IMS a simple daily workflow, rather than a month-end compliance task.
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Purchase reconciliation is essential for claiming the right Input Tax Credit (ITC). When books match GST portal data (GSTR-2A/2B or IMS), audits become seamless. Since authenticated purchase data is available on the GST portal, manually re-entering missing invoices in books is inefficient and prone to errors.
Tally enables single-click auto-creation of missing book vouchers directly from downloaded portal data, with no setup required. It also offers supplier-wise mapping to define voucher type, accounting, duty, and additional ledgers. Based on your needs (GST rate-wise breakup, reverse charge, ineligible ITC, etc.), configure the behavior once and Tally adapts accordingly.
A single review report lets you verify all auto-created vouchers before finalization. Since portal data does not include inventory, add item details where required before finalization. It also prevents duplicate entries.
This capability automates routine workflows, enabling tax professionals to focus on higher-value advisory and consulting services.
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Experience a faster and smarter way to record GST transactions with the power of AI. With Docs by Ira, you can simply scan or upload documents into your TallyPrime and create valid GST transactions in just a few seconds.
Automatically extracts key invoice information such as - Party name, Invoice number and date, Amounts and GST details, Stock items etc No manual data entry required.
Instantly identify missing or mismatched information so you can quickly review and correct before creating vouchers.
Upload and process multiple invoices together and generate draft vouchers in minutes — saving significant time during busy periods.
Docs by Ira intelligently maps parties and items to your existing masters, creates new masters when required, and detects duplicate invoices to prevent errors.
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