About ClearTax Reconcile
What is ClearTax Reconcile?
ClearTax Reconcile is ClearTax's GST reconciliation product, presented on its website as the Advanced GST Reconciliation Tool. It matches the invoices suppliers report on the GST portal with the purchaser's own purchase records, so that every transaction for a period is accounted for and input tax credit can be claimed in full.
ClearTax says GSTR-2B can be matched with purchase data in under a minute. The tool runs more than 100 validations, reconciles across several months, takes in data for multiple GSTINs, syncs with accounting software and ERPs, and follows up with vendors automatically about mismatches. It offers more than 50 reports and lets firms add team members with access controls.
Who is ClearTax Reconcile for?
- Businesses that need to reconcile purchases with GSTR-2B before claiming input tax credit.
- CA firms handling GST reconciliation for several clients and GSTINs.
- Finance teams following up with vendors over missing or mismatched invoices.
ClearTax cites more than 1,00,000 SMEs, 10,000 CA firms and 500 enterprises as users of its products.
What type of software is ClearTax Reconcile?
ClearTax Reconcile is listed under Audit Software.
What are ClearTax Reconcile's core capabilities?
- GSTR-2B reconciliation: Matches GSTR-2B with the purchase register, with GSTR-2A mismatches also identified.
- Input tax credit: Helps claim the full eligible input tax credit by finding missing and mismatched invoices.
- Validations and reports: More than 100 validations and over 50 reports.
- Multi-month and multi-GSTIN: Reconciles across several months and takes in data for multiple GSTINs.
- Vendor follow-up: Automated communication with vendors about mismatches.
- Integrations and access: Syncs with accounting software and many ERPs, with member access controls.
- ITC Reconciliation
- Multi-GSTIN Consolidation
Answers above are based on ClearTax Reconcile's website, read on 23 Oct 2026.
Who makes ClearTax Reconcile?
ClearTax is a product of Defmacro Software Private Limited, the Indian company behind Clear's tax, GST and compliance software.
What CAs are saying about ClearTax Reconcile
ClearTax Reconcile has no reviews on SoftwaresForCA yet.
Key features
- ✓ITC ReconciliationReconcile input tax credit between books, GSTR-2B and GSTR-3B.
- ✓Multi-GSTIN ConsolidationHandle multiple GSTINs of the same PAN in one engagement.
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- ?Engagement Acceptance & LettersRun acceptance and independence checks and generate engagement letters (SA 210).
- ?Materiality & Risk AssessmentSet materiality thresholds and assess risks of material misstatement (SA 320, SA 315).
- ?Audit Programmes & SA ChecklistsUse pre-built audit programmes by entity type, mapped to the Standards on Auditing.
- ?Digital Working PapersPrepare working papers linked to the trial balance with cross-referenced evidence.
- ?Sampling & VouchingSelect samples and attach vouching evidence to each tested transaction (SA 530).
- ?Ledger Scrutiny & AnalyticsScan full ledgers for unusual entries, duplicates and high-risk journals (SA 240).
- ?Client Document RequestsRequest, collect and track documents and confirmations from the client (SA 505).
- ?Review & Sign-off WorkflowRoute work through preparer, reviewer and partner with review notes and sign-offs.
- ?CARO 2020 ReportingWork through CARO 2020 clause by clause and draft the annexure to the audit report.
- ?Audit Report & Representation LettersGenerate audit reports, management representation letters and management letters (SA 580, SA 700).
- ?File Assembly & ArchivalLock the completed audit file and keep a trail of edits and approvals (SA 230, SQC 1).
- ?Trial Balance ImportImport trial balances from Tally, other accounting software or Excel.
- ?Ledger Grouping & MappingMap ledgers to financial statement line items and reuse the mapping across years.
- ?Schedule III Financial StatementsGenerate balance sheet and profit & loss in Schedule III format (Division I, II and III).
- ?Non-Corporate FormatsPrepare financial statements for LLPs, partnerships, trusts and proprietorships.
- ?Notes to AccountsGenerate notes, accounting policies and disclosure schedules.
- ?Cash Flow StatementPrepare cash flow statements under AS 3 or Ind AS 7.
- ?Adjustment EntriesPass audit and closing adjustments without changing the client's books.
- ?Prior-Year ComparativesCarry forward previous-year figures and regroup them for comparison.
- ?Ratio AnalysisCalculate the ratios required under Schedule III with variance explanations.
- ?Consolidated Financial StatementsConsolidate subsidiaries, associates and joint ventures.
- ?Export & XBRLExport statements to Excel or PDF and prepare XBRL files for MCA filing.
- ?Audit Universe & Annual PlanDefine auditable areas and plan internal audits for the year.
- ?Risk & Control MatrixDocument process risks, controls and control owners.
- ?Process Audit ChecklistsUse checklists for processes like procure-to-pay, order-to-cash and payroll.
- ?Control Testing & IFCTest design and operating effectiveness of controls, including internal financial controls.
- ?Observations & Risk RatingRecord findings with risk ratings, root causes and recommendations.
- ?Management Responses & Action TrackingCollect management responses and track action items to closure.
- ?Multi-Location & Branch AuditsRun audits across branches, plants or locations under one engagement.
- ?Internal Audit ReportsGenerate internal audit reports and summaries for the audit committee.
- ?Internal Audit DashboardView open observations, overdue actions and audit progress.
- ?Tax Audit Applicability CheckCheck whether a tax audit is required under Section 44AB.
- ?Form 3CD Clause-wise WorkingPrepare each Form 3CD clause with supporting workings.
- ?Auto-fill from BooksFill Form 3CD details directly from the trial balance and ledgers.
- ?Cash Transaction ChecksIdentify cash payments and receipts under Sections 40A(3), 269SS, 269ST and 269T.
- ?Section 43B DisallowancesIdentify unpaid statutory dues and delayed MSME payments under Section 43B.
- ?TDS Compliance CheckIdentify TDS defaults and related disallowances under Section 40(a)(ia).
- ?Income Tax DepreciationCalculate depreciation by asset block as per the Income-tax Act.
- ?Prior-Year ComparisonCompare Form 3CD details with the previous year's report.
- ?Form 3CA/3CB GenerationGenerate the tax audit report in Form 3CA or Form 3CB.
- ?Income Tax Portal UploadExport the Form 3CD JSON for upload on the income tax portal.
- ?GSTR-9 PreparationPrepare the GST annual return from books and filed returns.
- ?GSTR-9C Reconciliation StatementPrepare the reconciliation statement between books and GSTR-9.
- ?Turnover ReconciliationReconcile turnover and tax between books, GSTR-1 and GSTR-3B.
- ?Ineligible ITC & Reversal ChecksIdentify blocked credits and required reversals under Section 17(5) and Rules 37, 42 and 43.
- ?Reverse Charge VerificationVerify tax payable and paid under reverse charge.
- ?HSN Summary VerificationCheck HSN-wise summaries against books and filed returns.
- ?E-invoice & E-way Bill ReconciliationMatch e-invoices and e-way bills with sales records.