VAT settlement & payment
Monthly or quarterly, by the 16th of the following month — via F24 or carried forward as credit
🇮🇹 Light in Italy
Built for how Italy does business
Run your Italian entities on the same platform as the rest of the world. Native SdI e-invoicing in both directions, every IVA rate and Natura code applied automatically, ritenuta d'acconto as a first-class ledger concept, and the full periodic compliance cycle — handled by agents, reviewed by your team.
Book a demoEverything a finance team in Italy needs
Whether you're expanding abroad from Italy or landing there as a global company, Light keeps every entity on one ledger.
OIC
Report under Italian GAAP (OIC) and group standards side by side with multibook.
IVA
Standard 22%, reduced 10% and 5%, and super-reduced 4% rates — plus Natura-coded zero-VAT lines — applied automatically at invoice creation.
SdI e-invoicing
Issue and receive FatturaPA through the Sistema di Interscambio via a certified provider partner — B2B, B2G, and B2C, outbound and inbound.
Italian banking
Connect Italian bank accounts via host-to-host integration or bank feeds — transactions reconcile automatically, vendors get paid via SEPA.
IVA, from SdI to settlement
Light handles the full Italian VAT lifecycle in the ledger — e-invoices flow through SdI in both directions, treatments apply at posting, and the periodic settlements build themselves.
SdI, both directions
Every sales invoice goes out through the Sistema di Interscambio as correctly typed FatturaPA XML, and every supplier invoice arrives through the same connection — synced straight into your AP workflow, no re-keying. SdI outcomes (delivered, rejected, non-deliverable) are tracked on each invoice automatically, so nobody checks the SdI portal.
Liquidazioni & LIPE
The Part VP settlement view is generated directly from the ledger — active and passive operations, collectable and deducted VAT, and the resulting VAT due or credit per reference period. Settle monthly or quarterly, file the LIPE (quadro VP) each quarter, and roll into the annual Dichiarazione IVA — all from the same invoices that flowed through SdI.
A ready-made Italian VAT code library ships with Light — exemptions by article (Art. 10, 15, 26), fuori campo IVA, forfettari regimes, and more, split by sales and purchase direction.
The long tail of SdI, covered
SdI enforces detailed rules well beyond the headline VAT scenarios. Light applies them automatically as part of every submission.
N1–N7
Natura IVA codes
Zero-VAT lines must state the reason — excluded, exempt, non-taxable, reverse charge, or split payment. Light maps each treatment to the right Natura code in the SdI XML.
RdA
Ritenuta d'acconto
Withholding tax is modeled as its own tax type in the ledger — rate, taxable base, and reason code — calculated independently from VAT.
TD
Document types TD02–TD09
The full range of SdI document-type codes — down payments, fees, simplified invoices, credit notes — correctly typed with payment terms and references preserved end to end.
DC
Documenti collegati
Linked and related documents are cross-referenced automatically, keeping originals and their corrections connected through SdI.
AF
Autofattura & split payment
Self-billing scenarios where the buyer issues the invoice on the seller's behalf, and split-payment treatment for public-sector customers, are supported out of the box.
DB
Dati bollo
Virtual stamp duty (bollo) data is captured and represented correctly on invoices where it applies, with submissions validated against SdI rules within the 12-day window.
The periodic compliance cycle
Every recurring Italian obligation is fed by the same invoices flowing through SdI — which is why one ledger matters.
LIPE (quadro VP)
Quarterly, by the end of the second month following the quarter
Annual VAT return
Dichiarazione IVA, filed February through end of April of the following year
Compliant with how Italy audits
Italian statutory requirements are built into the ledger, not bolted on.
SdI-verified trail
Every invoice carries its SdI identifier and outcome status, so the audit trail starts at the tax authority itself.
10-year legal archiving
Conservazione sostitutiva is delivered as part of the certified provider partnership behind your SdI connection.
Onboarding, handled
Entity registration and verification into SdI, plus customer identifiers per segment — Codice Destinatario for B2B, PA codes for B2G, fiscal code or PEC for B2C.
One platform, every country you operate in
Italy is one of the many countries Light supports out of the box — same ledger, same close process, local requirements handled per entity.