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      Tax Automation case study

      Purchase exception reports using data analytics
      Improvement Success Planning Ideas Research

      Challenges of tax/finance function

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      • No standard report available in ERP to analyse complete purchase data for GST compliances
      • Lack of GST analytical tools to cover entire ERP data health-check from GST compliances perspective
      • No clear view of tax information in summarised report/dashboard
      • Voluminous transactions 10+ lakh accounted annually

      How our tech enabled managed services addressed the challenges?

      • Pre-developed ERP data extraction programmes were deployed on company's ERP
      • Company's ERP extracted data uploaded on analytical platform using cubing technology
      • Pre-defined GST rules applied by the analytical platform on company's entire ERP purchase data and identification of dataset being exceptions to GST rule
      • With the exception reports, company could get visibility of purchase pattern for taking corrective action from a GST compliance perspective.
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      Outcomes

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      • With the exception reports, company could get visibility of purchase pattern for taking corrective action from a GST compliance perspective.
      • Data visualisation and reporting tools to allow easy refinement of output and PAN India dashboarding/visibility
      • Assist during GST Annual returns to cross check any purchase related non-compliances (e.g. beyond 180 days payment related ITC claim etc.)
      • Exceptions lead to improved decision-making by identifying expensed out input tax credits and missed GST liability reporting on reverse charge applicable transactions.

      Key Contacts

      Sunil Badala
      Sunil Badala

      Partner, Head of Tax

      KPMG in India

      Ajay Mehra
      Ajay Mehra

      Non-Executive Chairman

      KPMG in India

      Rahul Kashikar
      Rahul Kashikar

      Partner, Head - Tax Technology and Transformation I Partner - Corporate International Tax

      KPMG in India

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