Odoo electronic invoicing in Lithuania¶
Odoo Invoicing is your trusted partner for safe, efficient, and legally compliant e-invoicing solutions tailored to Lithuania’s regulatory standards.
Legal framework for e-invoicing in Lithuania¶
In Lithuania, e-invoicing is regulated under the Law on Accounting and aligned with EU Directive 2014/55/EU for mandatory B2G e-invoicing. Businesses working with public sector entities must use e-invoicing, and invoices must be submitted through the E.sąskaita platform, Lithuania’s centralized invoicing system for public procurement. Lithuania also participates in the Peppol network, enabling seamless cross-border e-invoicing. While B2B e-invoicing is currently optional, its use is encouraged to enhance tax compliance and operational efficiency.
Compliance with Lithuanian e-invoicing regulations¶
Odoo invoicing module is fully equipped to meet Lithuania’s e-invoicing requirements and ensure compliance with local and EU standards. Here is how Odoo ensures compliance:
Supported formats: Odoo supports Peppol BIS Billing 3.0 and XML formats required for compliance with E.sąskaita, ensuring e-invoices meet the mandatory standards for public procurement and cross-border transactions. Odoo enables businesses to send e-invoices directly to public entities with Lithuania’s E.sąskaita platform. For international invoicing, Odoo supports the Peppol network.
Secure storage and retrieval: In compliance with Lithuanian regulations, which require invoices to be stored for a minimum of ten years, Odoo securely archives all invoices in a tamper-proof system, ensuring they are accessible for audits and tax inspections.
Automatic VAT calculation and reporting: Odoo Invoicing automates VAT calculations and ensures invoices meet Lithuania’s VAT requirements for both B2G and B2B transactions, reducing the risk of non-compliance.
Disclaimer
This page provides an overview of Lithuanian e-invoicing laws and how Odoo Invoicing supports compliance with the Law on Accounting, E.sąskaita platform, Peppol standards, and other relevant regulations. It does not constitute legal advice. We recommend consulting with a tax advisor or legal professional familiar with Lithuanian e-invoicing regulations to ensure compliance tailored to your specific business needs.