Rule 4. Ignore Invoice No. Check Invoice Value, Taxable Value and Tax Amount within tolerance
If this option is selected then Rule 3 will also be automatically selected and run. This rule will check if invoices are comparable based upon amount match within tolerance limit defined by the user 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:
Invoice value, Taxable value, Tax amount at invoice level within the tolerance defined by you
Document financial period (i.e. month and year based on invoice date)
E.g. Invoice KiranJuly1001 as per GSTR 2A i.e. Supplier records and Invoice July1001 as per Purchaser record but invoices values are not exactly matching but are within tolerance limit set by you e.g. tolerance limit Rs. 10.
Then these two invoices will get reconciled and will move to the Value Mismatch category.
But if more than one invoice found for comparison then that list of related invoices you will get in the drop down of supplier only and in purchaser only. Also in drop down, you will get the option of view details of those multiple invoices. By clicking on view details, now you need to select one which is the closest one and wants to perform reconciliation with that related invoice. After clicking perform reconciliation the invoice will get move from supplier only and purchaser only to Value Mismatch category accordingly.