Best cloud accounting software in Latvia? How to choose in 2026

There is no single best accounting program for every Latvian business. This guide explains what “free” actually gets you, which cloud features an SIA needs versus a freelancer, and how Peppol and VID reporting should weigh in the decision.

What “free accounting software” really means

Genuinely free tools are usually either very limited (invoices only, no ledger or payroll) or open-source packages you host and maintain yourself.
Many “free” options are a free trial or a free tier with caps — a few invoices a month, or a single user.
Count the hidden costs: Latvian-language support, e-invoicing, VID reporting, data migration, and updates when tax rules change.
If your activity is small, a free tool may be enough. Once VAT, payroll or multiple users appear, the saving usually disappears.

What to look for in Latvia

Latvian taxes, built in: PIT 25.5%, social 10.5%/23.59%, €550 non-taxable minimum — does it ship those rates in product releases?
VAT and VID reporting: VAT return, EDS export, SAF-T readiness.
E-invoicing: B2G mandatory since 2025; the B2B mandate moved to 2028. Does it support EN 16931 / Peppol?
Payroll: Payslips, SEPA payment files, vacation and sick-pay calculations.
Bank integration: Statement import (camt.053) and matching transactions to invoices.
Language and support: A Latvian interface and Latvian support — not just a translated menu.
Data ownership: Can you export everything if you move to another system?
Pricing that scales: Is it per user, per company, or per document?

Which accounting programs in Latvia support the Peppol standard?

B2G e-invoices have been mandatory in Latvia since 2025. B2B structured e-invoices become mandatory from 1 January 2028. A “Peppol-ready” program should produce EN 16931 / Peppol BIS Billing 3.0 XML (UBL 2.1) from a normal invoice.

Bilenta is not a Peppol Access Point and does not send invoices across the Peppol network. It downloads the XML so you can upload it to the buyer’s portal, which is what most Latvian B2G and early B2B flows actually require.

If a vendor only emails PDF, that is not an e-invoice under EN 16931. Ask for a sample XML and validate it before you commit.

So which is the best cloud accounting software in Latvia in 2026?

The honest answer: it depends who you are. A desktop package still fits firms that want a local install and a long-standing local vendor. A freelancer who only issues a few invoices may be fine with a free invoicing tool.

If you are an SIA that needs Latvian VAT (PVN) data for VID EDS, payroll with 2026 rates, Peppol XML download and a browser-based ledger, Bilenta is built for that job. Forty-day trial, no card. We do not grade named competitors because we cannot verify their current pricing or roadmaps.

What you need, depending on who you are

Self-employed

Invoices, expense tracking, bank statements and the annual income declaration. No payroll or inventory needed.

Small limited company

Double-entry accounting, VAT, payroll for a few employees, e-invoicing.

Growing business

Multiple users with roles, project tracking, API, audit trails.

Accounting firm

Many clients in one account, task workflow, a client portal.

Frequently asked questions

Which accounting programs in Latvia support Peppol?: Look for EN 16931 / Peppol BIS XML download or Access Point sending. Bilenta generates Peppol BIS / UBL 2.1 XML from a normal invoice for you to upload; it is not an Access Point. PDF-by-email is not a structured e-invoice.
Is there a completely free accounting program in Latvia?: There are free tools for issuing invoices and simple record-keeping, plus open-source packages. But full-cycle accounting with VAT, payroll and VID reporting is rarely free — either the functionality is limited or you maintain it yourself. Bilenta offers a 40-day free trial with no card required.
What is the most popular accounting software in Latvia?: Locally installed packages have historically dominated Latvia, but cloud platforms are growing quickly because there is no server to maintain and rate changes ship in product releases. “Most popular” isn't the same as “right for you” — the answer differs for a freelancer, a small company and an accounting firm.
What matters most when choosing?: That it ships Latvian charts, VAT codes and payroll parameters and updates them in product releases, supports e-invoice XML and VID reporting, lets you export your own data, and offers support in Latvian. Price usually matters less than how much manual work it removes.
Does accounting software replace an accountant?: No. Software automates calculations, documents and reports, but decisions about tax regime, which expenses are deductible and unusual transactions are still best discussed with an accountant.

Pricing →Latvia →Salary calculator →E-invoicing →Peppol validator →

Bilenta is cloud accounting with Latvian taxes, e-invoicing and payroll built in — 40 days free, no card.

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