Accounting system designed for small businesses

For the self-employed and individual entrepreneurs

Keep track of taxes, record income and expenses, submit reports, and receive timely reminders.

For companies - Ltd.

Automatic preparation of tax returns (VAT, CIT) and financial reports (Annual report, Balance sheet, P&L). Enter transactions, get automatically prepared reports.

For representatives of all industries

From beauty professionals, couriers, designers to farmers.

For employers

Calculate salaries, enter overtime, sick leaves and vacations – everything is simple and transparent.

15K+
Already more than 15,000 users in Latvia

You just need to enter your data - income, expenses, receipts or invoices, and the system will calculate, sort and remind you of the rest.

Main system features

Everything you need to simplify accounting and dedicate more time to your business.
Issue invoices and get paid faster!

Automate the invoicing process, get paid faster, and focus on what truly drives your business forward

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Receipt and invoice scanning

Automation that pays off! Save up to 80% of the time compared to manual data entry

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Accept payments without a terminal

nstantly with a QR code or link - perfect for service providers without a cash register. Create an offer, the client scans and pays

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Bank integration and payment management

The fastest way to manage business transactions - accurately and clearly

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Accurate salary calculation every month

Automatically calculates salaries, taxes, and vacation pay, while also preparing all mandatory documents

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Fixed asset accounting

Enter an asset once - depreciation is calculated automatically, and the data goes straight into the reports

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Reporting and tax calendar

All reports and tax declarations are generated automatically – from quarterly to annual. Enter your income and expenses, the system will calculate the taxes - just download and submit

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Expense analysis and tips

Analyze your expenses and get smart tips on what can be deducted. Compare with others in your field and avoid missing out

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Your online accountant in action

No courses, no prior knowledge - accounting for every entrepreneur at an affordable price.

Registration in one minute

Step 1
Enter your details
Ivars Vītols
Personal identification number
Your data are safe
NACE2 category
Fast registration thanks to data synchronization

Start doing your own accounting! Simple and understandable!

Step 2
We use data to automatically retrieve your type of activity, tax regime and VAT status from public registers.
NACE category: Already selected
Tax regime
VAT status

Fewer clicks, faster start. With pats.lv everything starts automatically.

Step 3
What will you start with?
Will you add a bank or a payment receiving method?
What's next?
Will issue your first income invoice?

Registration is complete. You have 7 days to try everything.

Step 2
Company information
Enter or select your company
Your company was found!
Data filled in

Company information

Step 2
Adjust the settings for your activity
Review and complete the information
Tax regime
VAT status
Your data is safe
Information has been automatically loaded from the Business Register so everything is ready to start

Registration completed. You have 7 days to try everything.

Step 3
Choose where to start:
  • Link account statement
  • Add a payment method
  • Set up your invoice design
  • Enter employee data
Or maybe you'll start by receiving payments?
Enter the current balance so that the accounting starts correctly, and start issuing invoices!

Everything’s ready. Where will you start?

Start and feel the difference

Less routine - more focus on work

Invoices, tax calculations, reminders – everything happens automatically. No more Excel or manual work.

More peace of mind and confidence

See how much you earn and where you spend. Use recommendations based on data of similar users to write off expenses correctly and safely.

Clarity in finances and taxes

VAT, quarterly and other reports are prepared automatically and are available for submission at the required time.

Invoice with payment tracking

Invoices with payment status – see what has been paid, what is overdue and where to take action. No mistakes. No uncertainty.

We work together with market leaders

The platform integrates with trusted payment systems, banks, and services. We have selected those we trust ourselves.

What customers say

Review
Anna
I used to spend hours issuing invoices. Now – just five minutes. And the money comes in faster!
Beauty industry
Riga
Review
Maris
Convenient, simple, no explanation needed – I understood right away how easy and clear the system is to use.
Plumbing repair
Daugavpils
Review
Liga
When I started working for myself, I thought I wouldn't be able to handle the taxes. But with pats.lv, I don't have to calculate them myself.
IT
Riga
Review
Kristaps
Yes, I had questions about expense accounting and report preparation, but pats.lv is very responsive and helps with everything.
Courier
Liepaja

How much does it cost

Pay for a year – 2 months free
Basic Plan
Basic
Automatic reports
€70 / per year
VAT included
Pay for a year - 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
Pro Plan
Pro
Save more
€170 / per year
VAT included
Pay for a year – 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
Premium Plan
Premium
Earn more
€270 / per year
VAT included
Pay for a year – 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
Basic Plan
Basic
Automatic reports
€7 / per month
VAT included
Pay for a year – 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
Pro Plan
Pro
Save more
€17 / per month
VAT included
Pay for a year – 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
Premium Plan
Premium
Earn more
€27 / per month
VAT included
Pay for a year – 2 months free
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Operations journal
  • General ledger
  • Corporate income tax declaration
  • Annual report
  • Balance sheet
  • Profit and loss statement
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person
  • Income and expense ledger
  • Self-employed person's social security contributions report
  • Social contributions report for MUN taxpayers
  • Value Added Tax (VAT) declaration for the taxation period
  • Depreciation and value write-off calculation for fixed assets and intangible investments
  • Employer’s report
  • Information about employees
  • Statement on amounts paid to a natural person

Frequently asked questions

It is a platform that allows self-employed and small businesses to do all their accounting independently – from transactions to declarations. With many features that automate processes and save the user's time. Everything is done simply, clearly and transparently. The system can be used by both entrepreneurs (Ltd.) and self-employed, including micro-enterprise taxpayers.
Simply register – you can use demo data or your own. If you enter your own, the platform will automatically adapt to your tax regime and type of business. No payment card required, you can safely start without any obligations.
You get access to the full range of features – you can try out invoicing, check recognition, bank synchronization, tax calculations, expense analysis, and a payroll module. The only limitation is that you can't download reports.
Because when everything is accounted correctly, you don't miss out on what you can write off. You no longer forget about small receipts, the system reminds you of what else you could add, and helps you organize your expenses into the right categories. As a result, you pay less in unnecessary taxes and have more funds left on account.
No. Currently, the State Revenue Service has not yet developed an option to connect and transfer data automatically. However, the system prepares all reports in accordance with SRS requirements - you can simply download them and submit them to the EDS system yourself.
The system has been operating in Latvia for 5 years, starting in 2020. During these years, the number of registered users has grown to almost 20,000 and a total of more than 1,000,000 transactions have been entered. The system not only helps small businesses with accounting, but has also encouraged Latvian residents to start their own business, provides free educational materials and promotes the opportunity for everyone to earn more with their ideas, hobbies, skills without fear of taxes, knowledge of accounting or the complexity of the law.
Yes, any new user can try the system for 7 days for free. It is possible to test all the functions, see how reports and tax calculations are created. Please note that in order to download reports and submit them to the SRS, you must first purchase one of the offered tariff plans: Basic, Pro or Premium.
Yes. Invoicing is one of the key features that helps users save time and get paid faster. You can add your logo, choose a design, add services, and send an invoice directly from the system.
The choice depends on how actively you conduct your business and how much time you want to save, which is why the trial period is provided so you can understand what works best for you.
  • Basic plan (€7/month) is suitable for those who need simple automated reporting and are willing to spend time on manual data entry.
  • Pro plan (€17/month) offers more features and is the most popular choice, providing advice, helping to save time, and gain more control over finances.
  • Premium (€27/month) is intended for more active users who want to earn more and use full functionality, including personalized support.
    • If payment is not made, access to the system is restricted – you can log in to your profile, pay subscription, and view, edit, or export the information you have already entered. This option is valid for 90 days after the end of the free or last paid period. If payment is not made within this time, the profile will be blocked for another 90 days, during which it can still be restored. After that, a 10-day period begins, after which the profile will be permanently deleted along with all data.
    Yes. You can grant access to your accountant - he will see transactions, reports and will be able to work directly in the system. No sending files, no WhatsApp messages, no lost emails. Everything in one place, transparent and convenient.
    No. Everything is designed to be understandable even without prior knowledge. And if you still have questions, there is a system user manual and video instructions for each function that you can watch at any time. You can also contact technical support for any questions by writing to [email protected]
    The system automatically compiles income and expenses and creates a “Self-employed person’s report on social contributions” – all you have to do is download it and upload it to the EDS. No manual calculations are required.
    Yes. The system summarizes annual income and expenses and prepares a report that will help you fill out the annual declaration in the EDS system.
    You can use our tax calculator, while using it, there are widgets available on the platform that automatically calculate PIT, social contributions and VAT based on your income and expenses.
    Yes, registration is available to everyone – even if you are not yet registered with the SRS as a self-employed yet. You can familiarize yourself with the system, test the functions, and then make a decision to officially start operating.
    Yes, by default, the amount of mandatory state social insurance contributions is set at the minimum monthly salary. If the user wishes, they can also increase it by marking the desired amount in their profile section for a specific quarter of the year.
    No, you need to register your self-employment with the State Revenue Service (VID) in Latvia. However, pats.lv supports you with everything after registration – income and expense tracking, tax calculations, and report submissions. The system automatically adapts to your business type and tax regime.
    Yes. The system calculates social security, labor and other taxes automatically – based on income/expense data and entered information.
    Originally, the platform was created for self-employed professionals – designers, hairdressers, trainers, couriers, and others in small professions with few transactions per month and for whom hiring an accountant is not cost-effective. However, today, according to the NACE2 classification, the system is used by representatives from nearly all industries under various tax regimes: sole traders, self-employed individuals, MUN taxpayers, small businesses, and even accountants.
    It depends on the type of activity you want to start – whether you plan to be self-employed as an IK or choose the MUN regime. Self-employed individuals and MUN taxpayers register their economic activity via the EDS system on the VID website, while IK is registered with the Latvian Register of Enterprises. In our free webinars, you will find a practical step-by-step guide explaining the entire process.
    Yes, if the user has marked in the system that they are a VAT payer, the VAT reports are automatically generated either monthly or quarterly, depending on the user's settings.
    The system is best suited for micro-companies that do not exceed 2 out of the following 3 thresholds as of the balance sheet date:
  • balance sheet total – EUR 63,000
  • net turnover – EUR 125,000
  • average number of employees during the reporting period – 5
    • A company director is allowed to manage the accounting independently if they are the sole board member and the sole shareholder of the SIA. The Pats.lv system is not intended for associations or foundations.
    Simply enter the balances, names, values and dates of fixed assets – the system integrates them into the balance sheet and P&L report. This feature is especially useful for company owners who are changing their accounting solution
    Yes, if the users have marked in the system that they are a VAT payer, then VAT reports are automatically prepared once a month or once a quarter, depending on the user's settings.
    The system automatically generates all necessary reports based on the data entered by the user:
  • Corporate income tax return
  • Value Added Tax (VAT) return
  • Profit and Loss Statement
  • Balance Sheet
  • Annual Report
  • Employment-related reports
    • The reports comply with government requirements, and you only need to download the document with one click and submit it to VID via the EDS system.
    The system compiles all information on income, expenses, fixed assets, and payroll calculations, and generates the annual report according to VID requirements. You only need to review, download, and submit it.
    No, the system is currently not designed for associations and foundations (non-profit organizations).
    Yes, the company manager is allowed to handle the accounting independently if they are the sole board member and the sole shareholder of the SIA.
    The pricing plans are the same for both companies and self-employed individuals:
  • Basic (€7/month) – suitable for those who need simple automatic report generation and are willing to enter data manually.
  • Pro (€17/month) – the most popular plan, offering more features, helpful tips, time-saving tools, and greater financial control.
  • Premium (€27/month) – designed for more active users who want to earn more and take full advantage of the system, including personalized support.
    • Yes, both an accountant can register by creating an accountant profile and a company can register a business profile. If the company connects the accountant’s profile using their email, the accountant will have access to all entries, issued invoices, and uploaded documents. The accountant will also be able to edit, correct transactions, or manage the full accounting process.
    Yes, you can easily switch to pats.lv even if you previously managed accounting for your SIA in another software, did it independently, or had help from an accountant. Note – in the “Opening Balances” section of your profile, you’ll need to indicate the date from which you start using the pats.lv system, specifying all asset and liability values from the balance sheet, as well as profit and loss positions. From there, the system will continue tracking your transactions.
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    Accounting is under control. You’re in the right place.

    Not sure you’ll manage the system? We’ve made everything simple and clear, move forward with confidence.
    I’m just starting my career, and I have many questions.
    I am a business owner and want to manage the accounting myself.
    I am self-employed and want to calculate my taxes myself.
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