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Accounting of public bodies

Skaičiuotuvas ir tušinukas
Accounting for a public body (PBO) requires specific knowledge. We ensure that your public body’s accounts are transparent, accurate and timely. We work responsibly so that you can focus on your business objectives.
  • Accounting for public entities from 150 Eur + VAT
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Skaičiuotuvas ir tušinukas

About services - Public accounting

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QUESTIONS?

Discuss your needs today

Contact us for a free consultation to discuss how we can help you

Why choose us?

ELV Projects are professionals and enthusiasts in their field and can help you with a wide range of issues. We take care of company accounting throughout Lithuania and remotely.

Helping businesses grow

We solve accounting challenges for different companies.

Many years of experience

In our 11 years of existence, we have served more than 300 different businesses.

Putting the customer first

We listen to our customers’ needs, advise them and solve problems.

Operational decision system

We take care of your bookkeeping without holidays! Contact us the same day.

Helping businesses grow

We solve accounting challenges for different companies.

Many years of diverse experience

In our 11 years of existence, we have served more than 300 different businesses.

The customer comes first

We listen to our customers’ needs, advise them and solve their problems.

Operational decision system

We take care of your bookkeeping without holidays! Contact us the same day.

The process of providing accounting services

A frank conversation

We get to know the client’s situation, understand their wishes and expectations.

Situation analysis

We analyse the client’s situation and provide the best solution.

We make an offer

We provide a cooperation offer, take over the documents.

We care about you

We take care of the client’s bookkeeping and advise on business issues.

A frank conversation

We get to know the client’s situation and understand their wishes and expectations.

Situation analysis

We analyse the client’s situation and provide the best solution.

We make an offer

We provide a cooperation offer, take over the documents.

We care about you

We take care of the client’s bookkeeping and provide advice.

Our customers speak for us

All reviews

GET A QUOTE

Put your company’s bookkeeping in the hands of professionals!

Get an exclusive offer

Frequently asked questions

Can a publicly owned enterprise have employees and is there a difference in accounting for them?
Yes, a publicly owned enterprise can have employees and payroll accounting is carried out in the normal way, in accordance with GAEC and tax laws.
Is it necessary to outsource the accounting of a publicly owned establishment to a professional?
This is optional, but recommended - accounting for public bodies has its peculiarities, so it is important to ensure that everything is correct and transparent, even for small operations.
What if a public enterprise has no income but incurs expenses?
Accounting still needs to be done - it's important to keep accurate records of all expenditure and to show it properly in the financial statements.
Can a public enterprise carry out commercial activities?
Yes, but the income generated must be used only for the activities set out in the statutes and not distributed as profit to shareholders or managers.
Is a publicly owned establishment required to prepare an annual activity report?
Yes, all public bodies are required to prepare and submit an annual activity report to the Centre of Registers together with their financial statements.

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