Payroll Accounting Services
In Lithuania, an accounting service is commonly perceived as a combination of three elements. These include accounting services, tax returns and payroll services. In practice, it is often the case that a client does not need the whole accounting package, but only one part of the accounting process. This is why it is common practice abroad to break down the accounting service components into separate services. Based on proven solutions in other countries, we offer our clients the flexibility of a broken-down accounting service model.
Payroll accounting is an important part of corporate accounting covering the calculation and payment of employees’ salaries and the processing of related taxes and contributions. It also covers the calculation and declaration of bonuses, holiday pay, compensation and other contributions. Proper payroll accounting helps you optimise the company’s processes and save time and resources. And most importantly, it ensures that staff are paid accurately and transparently.
Over 16 years of successful operating, providing top quality services to companies and groups of companies in Lithuania and abroad, NORDGAIN has established its strong position in the country – we are TOP 5 strongest accounting providers. NORDGAIN’s large and professional team flawlessly calculates payroll for 10,000 employees every month, carefully taking into account the individual accounting needs of each company.
- We provide all payroll-related services, namely calculating, advising, drafting documents, and handling total payroll accounting.
- Employment and dismissal procedures, such as registering employment contracts, creating State Tax Inspectorate (STI) and State Social Insurance Fund Board (Sodra) client cards, and calculating severance pay.
- Time and attendance – accurate and thorough timesheets, calculation of working hours and payroll.
- Temporary employment when needed making sure that temporary workers’ payroll complies with all legal requirements.
- Implementing automated payroll solutions – we work with a range of software that successfully automates payroll calculation processes.
- Payroll accounting can be done with any system – our specialists can offer a NORGAIN (ERP) system or work with our clients’ software.
- We work in a way that is convenient for our clients (remotely or from the client’s office).
NORDGAIN is a professional, innovative and dynamic team focused on client needs. We provide the highest quality payroll services for your company or group of companies.
Payroll accounting
- Employment and dismissal procedures
- Digitalized personnel document management solutions
- Automated payroll solutions
- Working time registration
- Temporary employment
Aggregate payroll accounting
- Automated aggregate payroll solutions
- Summary recording of working time for companies of different sizes and specializations
- ERP solutions for summary recording of working time
- Summary working time reports
- Consultations on summary recording of working time
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