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Create the Localization Settings Record

To set up the localization settings for each subsidiary:

1. Go to

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1. Setup >

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1. Customization > Localization Settings > New. Alternatively, you may enter “page: new [STA] Latvia Localization Settings”.

2. Select a Subsidiary.

3. Under the Transaction PDF section, enter the following information:

   1. IBAN 1

   2. IBAN 2

   3. IBAN 3

   4. BIC / SWIFT 1

   5. BIC / SWIFT 2

   6. BIC / SWIFT 3

4. Go to VAT Report tab:

   1. Under the General Settings:

      1. VAT Registration No.

      2. Legal Name

      3. Address

      4. Email

      5. Phone Number

      6. Business ID

      7. IBAN

      8. Date Filter - this is [STA] LV Delivery Date (id: custbody_sta_lv_vat_date) by default.

      9. Folder ID

      10. Notification Email Sender

      11. Email Template

   2. Under the VAT Sourcing tab, select or change the saved search source for each portion of the VAT report.

5. Click the Save button.

VAT Sourcing

Each Tax Position for the VAT report is generated using saved searches. Default saved searches are set in the respective tax position fields in the localization setting record.

For use cases where there is a need to customize any of the saved searches to fit the client’s specific business process, follow these steps.

1. Make a copy of the default saved search for the tax position and give a unique title.

2. Update the new saved search with the new criteria or result column.

3. Save the saved search.

4. Edit the localization setting record for the subsidiary and select the new saved search for the tax position.

5. Save the localization setting record.