๐Ÿ‡ฑ๐Ÿ‡ปAccounting CoverageยทLatvieลกu

Latvia accounting integrations

Latvia is dominated by Jumis (now part of Visma) for SME/mid-market accounting, with 1C maintaining a significant but declining footprint in enterprise and public sector. Standard Books (Excellent Latvia) is a credible mid-market alternative.

7 supported accounting platforms + 4 on the radar

Latvia accounting software market

Where the major platforms sit and which Apideck supports today. Figures are company-reported unless marked as an estimate.

Two-vendor market

Jumis and Horizon are described as the two most popular accounting software packages among Latvian accounting offices

CORVUS Accounting & Tax
PlatformLatvia market positionApideckSource
Jumis (Tildes Jumis)Long-standing market leader, commonly installed in Latvian accounting offices and regarded by many accountants as the local gold standardOn the radarCORVUS Accounting & Tax
Standard BooksNearly 200 companies in Latvia use Standard Books, part of the wider Standard ERP product familyOn the radarCORVUS Accounting & Tax
1CPositioned mainly for Russian-speaking accounting teams that need broader ERP functionalityOn the radarCORVUS Accounting & Tax

Subscriber and customer counts are the best available public indicators and may include accountant-managed multi-entity accounts; they are not a direct count of distinct businesses. Estimates are marked accordingly.

Latvia accounting compliance requirements

Latvia made structured e-invoice reporting to the State Revenue Service (VID) mandatory for government-related transactions from 1 January 2026, and after the Saeima voted in June 2025 to extend the timeline, the equivalent B2B e-invoicing and reporting mandate now takes effect on 1 January 2028.

B2G/G2B e-reporting to VID

Since 1 January 2026 businesses must submit structured e-invoice data to the State Revenue Service for transactions involving government bodies.

Sovos

B2B mandate deferred to 2028

The Latvian parliament amended the Accounting Law in June 2025 to push the mandatory B2B e-invoicing and reporting requirement back two years to 1 January 2028.

LSM (Latvian Public Broadcasting)

Structured invoice format

Latvia's Cabinet of Ministers adopted regulations in December 2025 requiring structured invoices aligned with the EU standard Peppol BIS 3.0 and UBL 2.1.

VATupdate

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