Staria Latvia Localization SuiteApp

Localization in Latvia - Financial services

Staria's Latvian Localization SuiteApp is designed to aid in performing specific financial operations and processes as per local Latvian requirements.

SuiteApp includes VAT management, statutory reporting templates, payment templates, invoice template, automatic selection of tax code in sales transactions according to item VAT nature.

Key Benefits

Everything in One
One package and everything that is essential for using NetSuite in Latvia.

Fast and Easy
No more hassle with searching the key components for implementation. This is an easy and fast NetSuite localization for the Latvian market.

Best in Breed 
The collection of best practices and bullet proof concepts that works for NetSuite in Latvia

Features

VAT Management
VAT codes, VAT report, VAT report extract in XML

Foreign Exchange Rates
Integration with ECB to fetch daily euro exchange rates

Latvian Statutory Report Templates
Customized P&L and Balance Sheet report templates as per local requirements

Latvian payment templates
SEPA, Cross-boarder IBAN and BBAN payment templates

Latvian Invoice Layout

VAT Management

VAT codes, VAT report, VAT report extract in XML.
VAT report extract covers PVN 1 (I), PVN 1 (II), PVN 1 (III) reports

Foreign Exchange Rates

Integration with ECB to fetch daily euro exchange rates

Latvian Statutory Report Templates

Customized P&L and Balance Sheet report templates as per local requirements

Latvian payment templates

SEPA, Cross-boarder IBAN and BBAN payment templates

Latvian Invoice Layout