If P&L account does not match with the GSTR 1 value then this issue can be resolved.

Suppose November month Sale Value of P&L and GSTR1 is not matching.

Fig 1: View of November month value of Sale in P&L Rs. 4922.28

Fig 2: View of November month value of sale in GSTR-1  Rs 3811.82

Cause:

This problem arises due to Software by default generates the value of sale in P&L Account with opening and in GSTR-1 opening value does not considered.

Solution:

• Go to Final Reports >> Profit & Loss.

• A 'Profit & Loss A/C' window will appear .

• In 'Stock Valuation' window the user will select 'Update Profit & Loss stock ?'  as 'No'.

• Now the user will press 'F2' key to view 'Profit & Loss' month wise.

• A 'Month' window will appear where user can select particular month according to the requirement.

• Suppose click on 'November' . 

• A 'Select' window will appear .

• Specify the Date i.e. from which date till which date the Profit & Loss statement needs to be viewed. (e.g. 1st November 2021 to 30th November 2021).

• The user will select 'With Opening ' as 'No'.

• Press 'Enter' key.

• Now the user can view that the value of sales A/C in Profit & Loss is Rs 3811.82 (which is similar to the value of  sales in GTR1 of November Month).

After following the above steps, the user can view that the Sales value of Profit & Loss will get matched with the GSTR 1 value.