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