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Audit methodology
At Grant Thornton, we use a single audit methodology across our global network. This means that our clients gain the same proven, high-quality approach wherever…

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Financial statements and consolidated financial statements
Preparation of monthly, quarterly or annual report and consolidated report on the basis of information presented by the client.
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Financial Accounting
Effective bookkeeping and financial accounting are essential to the success of forward-thinking organisations. To get the optimum benefit from this part of your…
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Tax compliance
Tax is likely to have an impact on almost every business decision you make. Whatever your business’s specific needs, we respond quickly and devise solutions tailored…
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Chief financial officer service
Chief Financial Officer services include the periodic reporting, information systems standardization, internal document management and information flow…

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International taxation
Grant Thornton operations in the Baltic States give us an access to the international expertise and allow advising the client on the minimisation of tax risks arising from…
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Transfer pricing
We advise the management bodies of local and multinational groups of companies in issues concerning transfer pricing of intra-group transactions and, if…
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VAT refunds
We advise foreign clients in issues concerning the refund of value added tax paid in Lithuania, and Lithuanian clients – in the refund of value added tax paid in the EU…
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Profit tax, tax incentives
Our tax advisory department consults local and international clients in both everyday and specific taxation issues related to business activities.
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Due diligence
Making the right investment decision can have a significant impact on shareholder value. To make an informed investment decision and create the best value…
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Assistance and representation during tax investigations, inspections, disputes
We provide services for registration in the Register of Taxpayers and the Register of VAT Payers. We represent clients' interests in tax disputes at the State Tax…

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Legal advisory for business start
We assist to quickly establish a company, branch or permanent establishment in Lithuania, open a…
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Legal advisory for business development
Our team has gained the greatest experience in advising international companies on the management of…
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Labor law for CEOs and employees
We provide modern labor law solutions for the CEO, C-level managers and employees, which…
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Fintech
With extensive experience in money laundering prevention and compliance and a strong team of…
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Migration and relocation
We assist you, your family members and employees of the organization to obtain national and European…
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Due diligence
Making the right investment decision can have a significant impact on shareholder value. To make an informed investment decision and create the best value…
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Fintech advisory
The rapidly changing world and evolving technology are driving the development of new business models such as acting as a payment institution, a provider of virtual…
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Corporate finance management
Building a successful business requires a clear vision backed by a focused strategy. To achieve this vision, businesses must negotiate an increasingly complex…
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Business Valuations
Choosing the right valuation method is the most important element in the process of estimating the fair value of a business as it must be adequate in terms of the purpose…
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Mergers and acquisitions
We provide advice to clients in all material aspects of the process of conducting transactions: finding a candidate for buyer, purchase or merger, initial analysis and…
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Protection of Interests of Bondholders'
Grant Thornton provides bondholders' advocacy and protection services. We have resources, knowledge and the latest technology. Defending the interests of…
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External Financial Management Services
Providing an external financial management services makes it possible to manage a company’s finance on a day-to-day basis by a competent economist, without the…
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Training
Financial Management Training and Seminars. Our experts have significant regional competence and close co-operation with our global colleagues. They happily…

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Internal Audit Services for Financial Sector Companies…
Internal audit services adapted to Lithuanian financial sector companies ensure compliance with…
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Internal Audit Services for EU/Foreign Aid Projects
Internal audit for EU/foreign aid fund projects helps to ensure compliance of activities and related costs with…
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Internal Audit for the Companies Certified by ISO
Internal auditing ensures ISO standard compliance, evaluates management system effectiveness,…
Payroll and, in addition, personnel administration are the biggest and most time-consuming challenges facing expanding organisations. Grant Thornton’s outsourcing teams can manage these commitments on your behalf, allowing you to focus on what you do best – growing your business.
As part of solutions, we can support you with the following:
- Payroll accounting;
- Wage and payment of advance data preparation for e-banking;
- Sending out payslips to employees by e-mail;
- Accounting for accrued vacation pay;
- Accounting and declaration of tax related to payroll accounting;
- Accounting of salaries for internal use;
- Export of data related to wage costs and liabilities, vacation reserve data to software, for accounting and bookkeeping;
- Accurate information on each employees payment of wages;
- Historical payroll data collection;
- Regular updates on important payroll-related regulations changes;
- Consultations on payroll accounting issues;
- Prompt response to all queries.
Payroll accounting services are provided by qualified professionals with experience in various business sectors, freely communicating with clients in Russian, English and Lithuanian languages, able to use a variety of accounting and management systems, payroll and personnel management accounting software (Navision, Rivilė, Debetas, Directo, Alga 2000, EuroSkaita et al.).
Quality and accountability are key principles in our work. We guarantee professionalism and competence and ensure absolute confidentiality of data.
Why outsource payroll service from us?
Payroll can be a significant cost for the company by consuming a lot of time and investments to payroll software. It also requires staying top of legislation that can be change quite frequently. When you leave payroll to Grant Thornton Baltic, you can rest assured that:
- Payroll is always done correctly and on time. We have several accountants working for your company’s payroll to ensure the delivery and best quality, and we’ll never miss a deadline due to anyone’s illness or absence.
- Payroll data will never leak. We use secure state-of-art technologies for providing payroll service and the information exchange is always password-protected.
- Personal data processing requirements are always followed. Payroll also covers the processing of extensive personal data. We are able to ensure that the processing, recording, storage, transmission, disclosure or destruction of personal data is in accordance with applicable requirements.
- Payroll accounting is performed in line with legal requirements. We keep up to date with amendments to taxation and labour law and update our payroll software accordingly. This means no additional time or expenses for you.
For more information on how Grant Thornton can assist you with Payroll Accounting Services and Solutions, contact us today.