Getting started with Fakts

Fakts is an invoicing platform for Latvian freelancers and small businesses. This page shows where everything lives so you can get going in a few minutes.

What Fakts is

With Fakts you issue invoices and quotes, record the bills and expenses you receive, keep a contacts, and prepare your VAT summary. Each of these is a separate module: you see the ones your role allows, and you can hide the ones you do not use under Settings → View.

The main areas

• Invoices: invoices, quotes and credit notes; issue, send and track payment, with a Peppol e-invoice XML for every invoice.
• Bills: the bills and expenses you receive, including ones uploaded and read automatically.
• Royalties: royalty statements and acceptance acts.
• Contacts: clients and suppliers with company lookup in the Enterprise Register, history and notes.
• Items: goods and services with a default price and VAT rate.
• Recurring: invoices issued on a schedule.
• VAT: a VAT summary and an export for your PVN declaration.
• Register: Enterprise Register data on any Latvian company.

Where to start

The simplest first step is issuing an invoice. See "Create & send your first invoice".