Bookkeeping and accounting services

Accounting is one of the most expensive parts of a company and generates virtually no profit. To reduce the costs associated with this department, the optimal solution is to hire an accounting firm. Not only do they help you save money, but they also take these worries off your shoulders:

• Recruitment, training, development and certification of accountants’ skills and experience;
• Paying wages and salaries to staff, accounting for and administering other contributions (social security, sickness benefits, annual leave, maternity leave, overtime);
• renting, equipping and maintaining accountants’ workstations in accordance with statutory requirements, providing staff with computer equipment and other necessary tools, providing and updating accounting software, depreciation of assets used.

Professional bookkeeping – tangible benefits

Choosing professional accounting services from a firm will immediately bring tangible benefits:

• Your company will be provided with comprehensive bookkeeping services, as well as communication with and reporting to the various official bodies and regulatory authorities;
• uninterrupted bookkeeping will be ensured without holidays and sick leave;
• You’ll not only get a stack of accounting documents from the firm’s experts, but also recommendations on tax and cost optimisation.

Our integrated accounting services offer you the opportunity to work with the best experts in the region under the most favourable conditions. Our team of experienced professionals provides accounting services for a wide range of business sectors. Years of experience combined with an excellent business reputation guarantee our clients a high quality service. By contacting our firm, entrepreneurs can expect an individual approach and a flexible discount system.

We specialise in comprehensive bookkeeping. We also process documents, prepare and submit reports, advise on tax matters and represent clients before tax authorities. Please note that consultations are provided in Lithuanian, Russian and English, both orally and in writing.

Our experienced accountants will handle every transaction with care and give you good advice on how to deal with any situation. Our clients range from small partnerships and private limited companies to other legal forms.

Reliable accounting ensures stability

Qualified accounting is one of the most important keys to the financial stability of any company or other organisation. Even a small error in accounting can cause serious problems and sometimes even the complete failure of a commercial project.

A lot depends on a professional accountant. So is it worth leaving the fate of your company to chance? Accounting must be carried out by professionals who can guarantee the client strict compliance with accounting laws and effective control over the entire accounting process.

Experience, qualifications, a holistic view of the situation and a fresh approach to the issues are all essential.

Our services:

• working on primary documentation;
• recording purchase and sales invoices in the accounts;
• recording cash transactions;
• drawing up imprest accounts;
• preparation of write-off certificates for representation expenses;
• Accounting for fixed assets;
• Preparation of reports – balance sheets, imprest accounts, explanatory notes, declarations;
• preparation of accounting policies and chart of accounts
• calculating taxes and contributions;
• coordinating farm operations
• controlling debtors’ and creditors’ arrears;
• participating in audits, inventories and inspections

The purpose of accounting is to produce complete accounts. The resulting data is used by management to analyse the profitability of the organisation. The data are also used by economists, planners, financial analysts and middle managers. Professional and skilled accounting enables cost optimisation and a significant increase in profitability.

When developing a business, the choice of both a team and a quality accounting service provider is always important. Accounting, its professional performance and related services directly affect the quality of the business, decision-making, relations with suppliers, partners and public authorities.

Cost reduction has always been and will always be an important issue for businesses, and every entrepreneur is constantly striving to organise his or her activities properly and optimise costs. One of the areas of a company’s activities that is worth considering in this context is accountancy. Eliminating the accounting department can significantly reduce costs that are not directly related to the company’s activities.

Our clients understand that bookkeeping is not a simple expense, but one of the most important components of a business, where the right investment will deliver the desired return.

For your convenience, we produce highly detailed reports:

• profit and loss accounts, creditors’ accounts and reports to Eurostat;
• tax calculation and declaration services;
• Preparation of a timesheet based on information provided by the client on the time worked by employees;
• calculating payroll, preparing notifications to the National Social Insurance Fund Board on recruitment, dismissal and leave. Documents are also prepared for the write-off of fuel used for work purposes;
• Inventorying the company, preparing reconciliation reports and recording the results of the inventory.

You can also contact us if your company’s accounting records have not been kept for some time, or if you want to make sure that they are kept in accordance with the applicable legislation of the Republic of Lithuania, such as the Law on Accounting and other laws. The abandoned company accounts will be tidied up, errors corrected and the accounting services provided will give you the opportunity to consult on accounting and tax matters. We take full responsibility for the accuracy of our reports and your company’s bookkeeping will comply with modern business accounting standards.

Accountant’s advice

Every year, new laws and regulations are added to our country’s legislative framework. Businesses are forced to take into account dozens of nuances by keeping track of all the changes and revisions to the law on their own, as their business can be affected by any change, even a small one. This is why both start-ups and experienced entrepreneurs turn to accounting professionals for advice on these issues.

Cooperation in this area is based on mutual trust, full responsibility and confidentiality.

The accountant’s advisory service includes:

• examining the information;
• analysis of documentation;
• preparing reasoned answers to all the questions posed;
• practical help with reporting and completing the necessary forms.

Professional bookkeeping is carried out exactly according to the terms of the contract. The accounting professionals are fully responsible for the quality of the services provided.

When outsourcing accounting functions to our firm, the client decides the scope of the accounting functions after consultation with our specialists. This approach guarantees a long-term and mutually beneficial partnership.

Qualified accounting – a guarantee of security

The conduct of business involves the constant movement of money and valuables. Our services will protect you from many of the problems associated with this:

• attempts at looting;
• unfair practices by partners and suppliers;
• irresponsibility of those materially responsible;
• wasting money.

Qualification requirements for professionals

Our team is made up of qualified and qualified professionals who meet the following criteria:

• a university degree in a relevant specialisation;
• years of experience in the relevant business;
• Continuous professional development and successful completion of internal certifications;
• an impeccable business reputation;
• customer recommendations.

When signing an accounting services contract, the client is given the opportunity to choose from a range of accounting packages to suit their needs. The meeting with the team of specialists starts with an understanding of the client’s specifics and ends with a detailed personal interview.