Staria Lithuania Localization SuiteApp

Localization in Lithuania - Financial services

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

SuiteApp includes VAT management (VAT codes, reporting, XML extract), iSAF file generation, integration with ECB for exchange rates, statutory reporting templates (financial statements and FR0564), payment templates, invoice templates.

Key Benefits

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

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

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

Features

VAT Management
VAT codes, VAT report (FR0600), VAT report extract in XML

Lithuanian iSAF
i.SAF data extract on VAT invoices issued and received

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

Lithuanian Statutory Report Templates
Customized P&L and Balance Sheet report templates as per local requirements, FR0564 report extract

Lithuanian Invoice Layout

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

VAT Management

• VAT codes
• VAT report (FR0600) available in English and Lithuanian (PVM deklaracija)
• VAT report extract in XML for submission to VMI (State Tax Inspectorate)

Lithuanian iSAF

iSAF (on issued and received VAT invoices) XML file generation for submission to VMI (State Tax Inspectorate)

Foreign Exchange Rates

Integration with European Central Bank (ECB) to fetch daily euro to other currencies exchange rates

Lithuanian Statutory Report Templates

• Customized P&L and Balance Sheet report templates as per local requirements
• FR0564 report extract (Lithuanian EC sales list)

Lithuanian Invoice Layout

Invoice/Credit memo layout as per local requirement