πΌ Payment Processing Is More Than Just Clicking "Pay" Many people think making a payment takes just 2 minutes. But a professional Accounts Department knows that every payment requires proper verification to protect the business. Before releasing any payment, we verify: β Purchase Order (PO) β Vendor Invoice β Goods Receipt Note (GRN) β Required Approvals β Vendor Ledger Balance β Bank Balance β GST/VAT & Tax Compliance β Reconciliation & Supporting Documents A well-managed accounts process helps prevent fraud, duplicate payments, accounting errors, and compliance issues. At Purvang Doshi & Associates, we believe strong financial controls are the foundation of every successful business. π Need help with Accounting, GST, Audit, Taxation, Payroll, or Financial Compliance? Contact us today.
Update
π’ **GST UPDATE β IMPORTANT COMPLIANCE CHANGES** GST compli
π’ **GST UPDATE β IMPORTANT COMPLIANCE CHANGES** GST compliance continues to become more technology-driven, with increased focus on authentication, return filing discipline, ITC reconciliation, data analytics and monitoring of non-genuine transactions. πΉ **Key areas taxpayers should watch:** β’ E-way bill authentication requirements β’ Time limits for filing GST returns β’ GSTR-2B/ITC reconciliation β’ GST scrutiny and departmental verification β’ DRC-03 payments and demand compliance β’ Monitoring of fake/non-genuine invoices β’ Export refund documentation and verification β’ Increasing use of technology and data analytics by the GST department β οΈ **Important:** Applicability of a particular provision depends on the taxpayer, transaction and relevant notification/circular. Stay updated. Stay compliant. M/s. PURVANG DOSHI & ASSOCIATE Chartered Accountants | Mehsana, Gujarat #GST #GSTUpdate #GSTCompliance #InputTaxCredit #GSTAudit #GSTNotice #Taxation #CharteredAccountant
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