Generating the VAT Report XML

To generate the Latvian VAT report XML:

1. Go to Localizations > Latvia > Generate Latvian VAT Report.

2. Select or enter values for the following fields:

   1. Subsidiary

   2. Language

      1. English

      2. Latvian

   3. Month

   4. Year

3. Click the Apply VAT Parameters button and wait for the report to load.

   

4. Review the summary of the information under the Value Added Tax Return section.

5. Under VAT Form Fields:

   1. Mark the Clarification box if the XML is being generated for a modification. Leave this as unmark if this is the first document.

   2. Enter the values for the following fields when applicable:

      1. Compensation Paid to Farmers (Box 65)

      2. The Amount of VAT Deductible as Input Tax (Box 66)

      3. Previous Taxation Periods Deducted Input Tax Reduction (Box 57)

      4. Previous Taxation Periods for Payment Country Budget Calculated Tax Reduction (Box 67)

6. Under the Overpaid VAT Form Fields:

   1. Mark the Transfer Overpaid box when applicable.

   2. Enter the values for the following fields when applicable:

      1. Overpaid VAT

      2. Amount to be Transferred

      3. Account No.

7. Click Generate XML button. A process will run in the background.

8. An email notification will be sent like one below:

   

9. Click the NetSuite LV VAT Report XML File link to access the generated XML file.

   

10. Right-click the page to save it as XML file.