GSTR3B - RCM Reporting and Accounting Issue

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Posted on by Harsh Jain 95

Navision is not generating the GSTR-3B report correctly, and the RCM input and liability are not getting pulled correctly. Currently, the system is passing RCM auto entries on the basis of payment to a vendor.

In case of “RCM – Eligible for Input”: RCM liability and Input should be claimed in the month of invoice booking
In case of “RCM – Not Eligible for Input”: RCM liability and ineligible input reporting should be in the month of invoice booking

We are following the policy of claiming RCM input in the same month in which liability is paid, i.e. input and output both are considered in the same month. However, Navision is preparing additional auto entries at the time of payment to the vendor.

Any guidance or help is much appreciated.