E-invoices – The New Reality from 2025
As of the changes to the legislation introduced in Latvia in 2025, e-invoices will become a mandatory standard for transactions between businesses and government institutions, as well as in private sector transactions. This is a significant step towards the digitalisation of financial and accounting processes, ensuring efficiency and transparency.
What are e-invoices?
E-invoices are electronic format invoices that are created, sent, and processed in a digital environment, using standard data formats, such as the PEPPOL system mandated by the European Union. They replace traditional paper and PDF invoices, offering automated data processing and reduced human intervention.
Why is the e-invoice system being implemented?
Efficiency: Automated processes reduce the risk of errors and speed up invoice processing.
Security: E-invoice systems offer a high level of data protection.
Sustainability: Reduced paper consumption and transport costs positively impact the environment.
International compatibility: Standardisation facilitates transactions between businesses in different countries.
What does this mean for your business?
Starting from 2025, businesses will need to ensure the issuance and receipt of invoices in electronic format using certified solutions.
Businesses will need to adapt their accounting systems to meet the requirements for e-invoices. This may involve the implementation of new technologies or integration of existing systems.
How can we help?
Vienotais Konts SIA offers assistance in the implementation and adaptation of e-invoices:
Consultation and development of e-invoice implementation strategies.
Integration of accounting systems with e-invoice solutions.
Full-cycle accounting services that already meet the new requirements.
Training on the use of e-invoices for company employees.
Start preparing now!
The transition to e-invoices is an opportunity to improve the operational efficiency of your business and adapt to modern digital demands. With our support, your business will be ready to implement this solution easily and without unnecessary difficulties.
Contact us to learn more about e-invoices and how we can help your business prepare for the new requirements!
As of the changes to the legislation introduced in Latvia in 2025, e-invoices will become a mandatory standard for transactions between businesses and government institutions, as well as in private sector transactions. This is a significant step towards the digitalisation of financial and accounting processes, ensuring efficiency and transparency.
What are e-invoices?
E-invoices are electronic format invoices that are created, sent, and processed in a digital environment, using standard data formats, such as the PEPPOL system mandated by the European Union. They replace traditional paper and PDF invoices, offering automated data processing and reduced human intervention.
Why is the e-invoice system being implemented?
Efficiency: Automated processes reduce the risk of errors and speed up invoice processing.
Security: E-invoice systems offer a high level of data protection.
Sustainability: Reduced paper consumption and transport costs positively impact the environment.
International compatibility: Standardisation facilitates transactions between businesses in different countries.
What does this mean for your business?
Starting from 2025, businesses will need to ensure the issuance and receipt of invoices in electronic format using certified solutions.
Businesses will need to adapt their accounting systems to meet the requirements for e-invoices. This may involve the implementation of new technologies or integration of existing systems.
How can we help?
Vienotais Konts SIA offers assistance in the implementation and adaptation of e-invoices:
Consultation and development of e-invoice implementation strategies.
Integration of accounting systems with e-invoice solutions.
Full-cycle accounting services that already meet the new requirements.
Training on the use of e-invoices for company employees.
Start preparing now!
The transition to e-invoices is an opportunity to improve the operational efficiency of your business and adapt to modern digital demands. With our support, your business will be ready to implement this solution easily and without unnecessary difficulties.
Contact us to learn more about e-invoices and how we can help your business prepare for the new requirements!