Input Tax Credit (ITC) Matching

Stop losing money on unclaimed GST. Outlay automatically compares the expenses logged by your employees against the GSTR-2B data pulled directly from the GSTN portal, highlighting discrepancies before you file your returns.

How ITC Matching Works

Automated reconciliation engine

1

Capture Expenses

Employees upload B2B vendor invoices. Outlay extracts the vendor's GSTIN and the tax amounts.

2

Sync with GSTN

Outlay securely connects to the GST portal using your credentials to download the monthly GSTR-2B JSON.

3

Flag Discrepancies

The system flags invoices where the vendor has not filed their returns, protecting you from claiming ineligible ITC.

Reconciliation Statuses

Status Badge Meaning
Matched The invoice amount and GSTIN perfectly match the entry in GSTR-2B. ITC is safe to claim.
Missing in 2B The employee submitted the bill, but the vendor has not uploaded it to the GST portal yet. Follow up with the vendor.
Mismatch The invoice exists in both systems, but the tax amounts or taxable value differ. Manual intervention required.