At the end of each month, all companies operating in Latvia are required to declare all cash transactions that exceed a stated regulatory limit. You can create a legally compliant report listing all account holders whose total incoming and outgoing cash payments exceeded a specified limit during the reporting period. Payment transactions are retrieved from the corresponding petty cash accounts and displayed in the Cash transaction reportingform. You specify a minimum limit and include additional filter criteria, such as the transaction date, currency type, and transaction amount, to select the relevant transactions. All payment transactions that exceed the specified limit and satisfy the filter criteria are marked for printing.

Incoming and outgoing payment transactions are categorized and displayed per payment transaction code in the report.

Note
The Petty cashconfiguration key must be selected under Country/Regional specific features> Multiple countries/regions> General ledger - extensions for Eastern European countriesin the Configurationform.

1. Click Bank> Periodic> Statement transactionsto open the Cash transaction reportingform.

   Note
   Any transactions remaining for the prior reporting period are displayed by default.

2. Click Transferto open the Data transferform, and specify the date range for selecting payment transactions.

3. Click OKto return to the Cash transaction reportingform.

   Note
   All transactions that were posted during the specified period are retrieved from the petty cash accounts and displayed in the form.

4. As necessary, update the following information for the selected transactions:

   • Company registration number- Enter the registration number of the company.

   • Country/region- Select the country or region that the payment was submitted to.

   • Name- Enter the name of the account holder.

5. Click Markto open the Transactions markingform.

6. In the Value limitfield, specify the minimum value of the transactions to be reported. All incoming or outgoing transactions that exceed the specified limit will be marked for printing.

   Note
   Click Selectto include additional filter criteria, such as transaction date, currency type, and transaction amount.

7. Click OKto return to the Cash transaction reportingform.

   Note
   The Printcheck box is selected for all transactions that satisfy the selection criteria.

8. In the Payment transaction codefield, select the default payment transaction code for the transactions marked for printing.

9. Click Printto open the Statement of transactions in cashform.

10. In the Responsiblefield, select the employee who is responsible for generating and printing the statement.

11. In the Tax authorityfield, select the sales tax authority that the report will be submitted to.

12. Click OKto print the statement.