Lithuanian businesses trading with the public sector have to follow a new procedure and submit invoices through the SABIS information system (formerly known as “E-Sąskaita”). This change is part of the Lithuanian government’s efforts to modernise and digitalise public service delivery processes to ensure greater transparency, efficiency and compliance with EU requirements.
What is SABIS and business-to-business (B2B) electronic accounts?
Some countries around the world are already joining the Peppol network and are preparing or have already started with business-to-business (B2B) e-invoicing. If you trade with other countries, there is a requirement to upload e-invoices on the Peppol network, which is also relevant for many Lithuanian companies. It is predicted that gradually the exchange of electronic invoices will become important not only for trade between countries but also for trade within a country.
Methods of submitting invoices
According to the new procedure established by the Lithuanian government, invoices to the public sector can be submitted in three ways:
1. Via the SABIS website, by manually entering account details.
This method is only suitable if the supplier only submits a few invoices to the public sector; if there are more documents, the methods listed below can be used.
2. Through an API (Application Programming Interface)
This method allows for automatic data transfer from the accounting system to SABIS, making it the best option for companies with larger invoicing volumes or on a regular basis. API integration avoids manual work and reduces the chance of errors.
GO-ERP has developed AX/D365 solution that integrates SABIS into the systems. By using this integration businesses can save time and avoid human errors caused by entering data into multiple systems. To avoid manual data entry, companies can use the GO-ERP integration with their existing Business Management Systems (ERP).
3. Through the Peppol network
The Peppol network is a universal solution that not only allows you to submit invoices to SABIS, but also to send and receive invoices from business partners. This is particularly relevant in view of the EU’s plans to introduce mandatory e-invoicing. The EU is also in the process of introducing e-invoicing for international transactions. The Lithuanian government has provided funding to Unifiedpost Group to develop the Euroconnector tool, which will increase integration between accounting systems and the Peppol network.
Benefits of Euroconnector and Peppol network
Unifiedpost Group together with the GO-ERP team, carried out tests with Euroconnector tool, which provides an alternative way to deliver e. billing via the Peppol network. This tool allows companies to integrate their accounting systems with e-invoicing solutions from service providers. This helps businesses to save time and avoid duplication of effort when data has to be entered into several systems.
How do you get started with Peppol?
Businesses wishing to use the Peppol network just need to contact their accounting system provider to initiate the integration. This will enable the automation of invoicing not only for the public sector but also for business partners.
Summary
The new procedure for submitting invoices through SABIS will help Lithuanian businesses to manage their invoices with the public sector more efficiently and will contribute to the overall digitisation of the business environment. By choosing the right invoicing method, businesses can optimise their processes, reduce errors and ensure compliance with EU requirements.
