SMAIDA
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Smart accounting for business owners

Outsourced accounting for businesses

Safe. Your data stays private, and your books meet Latvian accounting rules.
Flexible. The service fits your industry and grows as you grow.
Clear. You see where the money goes, where you can save, and what to plan for.

SRS outsourced accounting licence No. AGL0003786

Services

From accounting to automation

Full accounting cycle

Everything from the first document to the annual report.

  • Day-to-day bookkeeping: accurate, on time, and ready for the new e-invoicing rules.
  • Reporting: your tax returns filed on time, and I watch for rule changes.
  • Annual report: a year-end close that meets every requirement.
  • Real-time reports: where the business stands when you need to know, not once a year.

Learn more about accounting services →

Payroll

Monthly payroll for people employed in Latvia.

  • Calculation: gross to net, social contributions and income tax, with every allowance applied correctly.
  • Deadlines: the employer’s report filed by the 17th, taxes paid by the 23rd.
  • Employees: registered with the tax authority before they start, and deregistered when they leave.
  • Payslips: in Latvian or English. You can also work out net pay from gross yourself.

Learn more about payroll services →

Fractional CFO

A finance director’s help, without a full-time salary.

  • Planning: I help you set goals and map how to reach them.
  • Cash flow: I forecast it, so you see a squeeze before it arrives.
  • Budgeting: cutting costs, and working out what an investment will return.
  • Numbers: the KPIs that matter, and margins by product and client.

Learn more about the Fractional CFO service →

Smart business automation and AI systems

Tools that take the repetitive work off your desk.

  • System integration: your CRM, ERP and accounting start talking to each other.
  • AI: it sorts transactions and reads the data straight off your documents.
  • Tailored tools: built for your resource planning and profit tracking.
  • Forecasting: cash flow and demand models built on your own numbers.

Learn more about automation and AI →

E-commerce

Selling online? The books work differently.

A platform payout is not turnover, and the EUR 10,000 threshold arrives more quietly than you expect.

A payout is not turnover. Fees, refunds and currency differences have to come out before the figure reaches the books.
VAT threshold and OSS. Cross-border sales cross the threshold unnoticed. We track it instead of guessing.
Inventory and returns. What belongs in the cost of goods, what is a cost of sale, and what to do with unsellable stock before year end.
Read about e-commerce accounting OSS threshold checklist

Client stories

We work with a small number of clients and know each business in detail.

Instead of static year-end figures, SMAIDA gives us real-time financial insight and clear monthly reporting. Questions are answered quickly and without accounting jargon, and we always know where our tasks stand.

SaaS, cross-border sales - accounting in Odoo, VAT on time

Pricing

Monthly pricing based on your size

Start

from €149 / mo

For newly founded companies and micro-businesses with only a few documents a month.

  • Up to 30 documents per month
  • Board member only
  • Daily bookkeeping and VAT
Choose Start

Most popular

Growth

from €299 / mo

For companies that are VAT-registered, run payroll and have more transactions.

  • Up to 100 documents per month
  • Up to 5 employees
  • Payroll and real-time reporting
Choose Growth

Pro

from €699 / mo

For companies that need higher-level services on top of standard accounting.

  • CFO support up to 4 h per month
  • AI integration management
  • Business process automation
Choose Pro
Get started Book a free consultation

or sign up via WhatsApp →

* These prices and service lists are examples. We'll give you an exact quote after we talk.

* The annual report is included at no extra charge if we work together for a full calendar year (12 months). Otherwise a one-off fee of one month's subscription applies.

Working together: how pricing works

To keep things fair on both sides, pricing works on these ground rules:

  1. "Starting from" principle and volume changes. All listed prices are base rates. If your volume (documents, employees, e-commerce transactions) exceeds the plan's base, the monthly fee is reviewed by individual agreement.
  2. Out-of-plan work (hourly rate). Consulting outside "Fractional CFO", cleaning up prior-period accounting, representing you in an SRS audit, or complex AI-system engineering is billed hourly: €65–95/h (by specialist level). CFO-level work is €100/h.
  3. Automation & AI (project basis). The "Pro" plan includes strategic AI and automation guidance. Actually building the systems - API integrations or robotic process automation (RPA) - is scoped as a separate project.
  4. Systems & licence costs. Subscriptions for accounting and automation software (e.g. Jumis, Zalktis, Xero, Make, Zapier) are not included in the service price and are billed separately or paid directly by you.

Behind SMAIDA

Māris Nelsons

Māris Nelsons, ACCA

finance professional

LinkedIn

I've spent over 25 years in finance and I'm a qualified ACCA member. I hold a master's degree in economics from the University of Latvia. Over my career I've worked as a finance director in banks, manufacturing companies, international groups and fintech startups.

SMAIDA is my accounting outsourcing practice in Latvia: full-cycle bookkeeping, payroll, tax filings and CFO-level support for small and medium businesses, with AI doing the routine work.

What I’m best at

Financial accounting & management

I build internal controls, prepare financial statements, run budgets and consolidate group accounts.

Automation and new tools

I automate work with Make, Zapier and AI, and I set up ERP systems. In the StartSchool programme I helped build SoloHub.live, a B2B platform that reads incoming invoices with AI.

Articles

Useful reading on accounting and tax

Automation & AI

· 12 min read

Can an AI assistant replace your accounting system?

An AI assistant can collect invoices and match bank lines. It cannot be the ledger. Audit trail, controls, board liability, and how AI-native ERP differs.

View all articles →

Next steps

Let's start with a free intro call

Every business is different, so we start with a free call to understand what you actually need - then send you a quote built around it.

Book a free consultation

FAQ

Frequently asked questions

When can we start?

The service is running. New clients normally start with the next reporting month.

Do you work remotely?

Yes - we work remotely with companies across Latvia. The office is in Mārupe.

Does AI make decisions?

No. AI handles the routine processing. A person approves every decision and is accountable for it.

Are these prices final?

The listed prices are base rates. The exact amount is fixed in the contract after our first conversation.

Get in touch

Want to talk about your business? Get in touch

Choose whichever way suits you best.

Book a free call Pick a time in my calendar WhatsApp +371 20 941 149 Send a message Email info@smaida.eu We'll reply in writing Phone +371 26 306 284 Call
QR code: message SMAIDA on WhatsApp +371 20 941 149
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Kurpnieku iela 11, Mārupe, Mārupes nov., LV-2167