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Every finance team says they’ll get GST clean.
Then closing, audits, investor decks hit.
Boom … it’s GST week.
Chaos.
But the best-funded startups don’t rush.
They build an SOP that stops this mess.
✅ GSTR-1:
- Reconcile every invoice with e-Invoice, e-Way Bill, and books.
- Validate Place of Supply … so you’re not paying in the wrong state.
✅ GSTR-2B:
- Vendor mess?
- Match 2B with your books … invoice by invoice.
- Keep a live tracker for missing invoices.
- Push your vendors every month, not annually.
- Without holding payment if the vendors have not filed GST returns
- Or inform vendors that you will pay GST portion only after they show a proof of payment of GST to the Government.
✅ GSTR-3B:
- Cash flow matters.
- Pre-check RCM, blocked credits, reversals.
- Automate entries … so you’re not stuck copy-pasting 500 lines.
✅ ITC-04:
- Job work?
- Track by challan.
- Reconcile goods sent, returned, sold directly from job workers’ premises.
✅ Lock your SOP:
- Check, fix, repeat monthly.
- No more midnight panic.
- Good investors smell sloppy GST from a mile away.
- Build it clean.
- Own the story.
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