Services

Experience the advantages of outsourcing accounting

Businesses know that an accountant or business consultant does more than just bookkeeping. They make financial operations simpler, help manage cash better, and can increase profits. If you are unsure whether to hire an accountant for your bookkeeping, here are some benefits that many businesses already enjoy by outsourcing.
  • Save time, money, and energy – Outsourcing lets you focus on growing your business instead of spending hours on numbers and paperwork. Payroll, taxes, and invoices will also be done on time.
  • Flexible scaling – You can easily grow or shrink your operations without losing profits or affecting your employees. This is important for new businesses or those in uncertain markets, like during the recent pandemic.
  • Lower costs – Hiring extra staff means more desks, computers, and office expenses. Outsourcing reduces these overhead costs, especially for small and mid-sized companies.
  • Work from anywhere – a remote bookkeeper allows you to manage your business from anywhere, from Vilnius to Honk Kong.
  • There are even more benefits to outsourcing accounting and bookkeeping. If these advantages interest you, get in touch with us.

Ready to Simplify Your Accounting in Lithuania?

Let’s discuss how S.C.I. Accountancy can support your business with compliant, transparent and scalable accounting solutions.

We offer the following services

We offer a wide range of services focused on quality, convenience, and results:



Accounting

Primary responsibilities are the following:

  • Full-cycle bookkeeping
  • Payroll and HR accounting
  • Recording financial transactions
  • Managing accounts payable & receivable
  • Financial reporting
  • Communication with tax authorities & social insurance institutions

 

Payroll

While payroll services are provided by major finance and accounting groups outside the scope of their core businesses, there are very few specialized outsourcing companies — S.C.I. Accountancy is one of them — operating on a larger scale.

These services include:


  • Payroll services for local and international companies;
  • Payroll outsourcing;
  • Consultations in the field of payroll;
  • Tax audits to identify risks in the calculation of wages and related reporting.
  • Financial management and other related solutions to help clients optimize their deployed resources.

By outsourcing your accounting and payroll services, you simply save time that’s better spent on core tasks.

If you’re hesitant to take advantage of outsourcing accounting and payroll services, it’s important to consider the benefits.


Outsourcing Bookkeeping

This is the most comprehensive option. A bookkeeping provider manages everything: data entry, accounts receivable/payable, bank reconciliations, expense categorization, financial reporting, etc. Ideal for business owners who want hands-off financial tracking.

Good for: Small–medium businesses with complex books or limited internal staff.
We provide our clients with a quality and timely bookkeeping service.

  • Part-Time / Fractional Bookkeeping
    You outsource some bookkeeping tasks instead of all of them. For example: only invoicing, only reconciliations, or only month-end reporting. Works well if you already have partial internal finance support.
  • Software-Assisted Outsourced Bookkeeping
    You keep your accounting software, but a service connects to it to manage books. The provider uses your tools. Often a hybrid model: automation + human oversight. Good for: Companies that want continuity with their software ecosystem.

Get expert financial leadership without hiring a part-time CFO

  • Part-time CFO services
    A strategic financial leader working on a flexible basis. Supports business growth planning, budgeting, cash flow management, profitability analysis, and provides management with decision-oriented financial insights — without the cost of a full-time CFO.
  • Outsourced CFO services
    Fully outsourced Chief Financial Officer services. Provides continuous financial management, control, reporting, and structured processes, allowing management to focus on business development.

Chief Accountant Support

We act as your chief accountant, ensuring full compliance and professional oversight.

  • Preparation of reports & declarations
  • Supervision of financial processes
  • Support in internal audits
  • Ensuring all accounting and tax obligations are met

Finance Services

Make informed business decisions with clear financial insights

  • Balance sheet & Profit/Loss statements
  • Financial statements analysis & forecasting
  • Cash flow monitoring & management
  • KPI (Key Performance Indicators)  reporting

Financial services in accounting go beyond bookkeeping and include financial control, analysis, and management reporting to support business decisions.
The main functions of financial services are:

Financial Reporting


  • Balance Sheet
  • Profit & Loss Statement
  • Cash Flow Statement
  • Periodic management reports

Financial Control


  • Expense control
  • Monitoring accounts payable and receivable
  • Internal financial procedures
  • Error prevention and data accuracy

Basic Financial Analysis


  • Revenue and cost analysis
  • Budget vs actual comparison
  • Profitability indicators
  • Basic KPI calculations

External Communication


  • Communication with tax authorities
  • Cooperation with auditors
  • Financial data support for banks and partners

Tax Services

Stay compliant and optimize your taxes.

  • Tax preparation & filing (corporate, VAT, personal)
  • VAT registration & Compliance
  • Tax planning & advisory services
  • Communication with tax authorities & social insurance institutions
  • Tax optimization strategies

Tax accounting includes all activities to ensure correct tax compliance and reporting. Main functions:

  • Identification of applicable taxes (VAT, corporate tax, payroll taxes, etc.)
  • Calculation of taxes and contributions
  • Preparation and submission of tax returns and reports
  • Monitoring tax payments and deadlines
  • Ensuring compliance with laws and regulations
  • Tax risk assessment and advisory
  • Communication and representation with tax authorities

Management & Consulting

Support your business growth and compliance.

  • Company setup & registration
  • Registration of amendments to articles of association
  • Corporate governance & compliance support
  • Business consulting & advisory services

Other Services

We also provide a range of additional support services tailored to meet the everyday needs of businesses and individuals. From company formation and administrative assistance to ongoing advisory, our team ensures you stay compliant and organized. We help streamline routine processes so you can focus on growing your business with confidence. With a practical and client-focused approach, we deliver reliable support at every stage.