Rule 3. Ignore Invoice No. Check Invoice Value, Taxable Value, and Tax Amount exact amount match
This rule will check comparable invoices based upon exact amount match but by ignoring invoice no. and considering the month of the invoice date in both purchaser only and supplier only invoice.
So the basis of comparison will be based upon:
Exact invoice value, taxable value and tax amount matching at invoice level
Document financial period (i.e. month and year based on invoice date)
E.g. Invoice VD-1001 as per GSTR 2A i.e. Supplier records and Invoice 1001 as per Purchaser record but invoice values, the month-year combination of invoice date and counterparty GSTIN are exactly matching for these two invoices. Then these two invoices will get reconciled and will move to match/invoice mismatch category.
If more than one invoice found for comparison then the application will move anyone to the Match/ Value mismatch /Invoice mismatch category.