Manage Purchase Register
A well-maintained Purchase Register ensures accurate tracking of inward supplies, seamless GST Input Tax Credit (ITC) claims, and strong compliance during audits.
Our service guarantees that every vendor invoice, expense, import, and debit note is properly captured and reconciled with GSTR-2B and books of accounts.
What We Cover
- Recording all purchase invoices, imports, and expense bills.
- Tracking vendor GSTIN, HSN/SAC classification and tax rates.
- Reconciling vendor invoices with GSTR-2A/2B.
- Capturing input services, capital goods, and eligible ITC.
- Monitoring reverse charge liability and vendor compliance.
Benefits
- Maximize eligible ITC and avoid revenue leakage.
- Timely identification of non-compliant vendors.
- Accurate reporting in GST returns and financial statements.
- Audit-ready purchase records for IT, GST and statutory audits.
Process We Follow
- Data Collection: Vendor invoices, expense bills, debit notes, and import documents.
- Verification: Check GSTIN, invoice values, tax amounts, HSN/SAC codes, and ITC eligibility.
- Posting: Record entries into structured purchase registers by category.
- Reconciliation: Match with GSTR-2B and identify mismatches or missing invoices.
- Reporting: Provide monthly register, reconciliation statement, and exception report.
Deliverables
- Purchase Register in Excel / ERP formats.
- Vendor-wise reconciliation with GSTR-2B.
- ITC eligibility reports with blocked credits separated.
- Mismatch and corrective action summary.
Why Choose CTRL Tax Advisory?
- Expert handling of vendor reconciliations and ITC maximisation.
- Integration with Tally, Zoho, QuickBooks, SAP or Excel-based systems.
- Vendor compliance monitoring and follow-up support.
- Accurate, transparent, and audit-proof records every month.
