- Starting from the 1st of July 2024, Lithuanian companies supplying goods or services to the public sector must transition to electronic invoice submission.
- The current “E. Sąskaita” system will be replaced by the new SABIS platform. Invoices can be submitted manually through the SABIS website, transferred from accounting systems via an API, or through the Peppol network. Direct integration from accounting systems to RC will need to be redone.
- The invoice format will change to European standard electronic invoices (UBL XML), which will impact VAT calculation.
- This change will also align with the EU’s plans to introduce mandatory e-invoicing for cross-border transactions.
Source Unified Post
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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