
Monthly Accounting Reports Lithuania

Monthly Accounting Reports in Lithuania – Accurate, Timely, and Fully Compliant
Every successful business relies on clear, consistent financial information to guide decisions, ensure legal compliance, and maintain operational control. In Lithuania, preparing monthly accounting reports is more than a best practice—it is a vital part of doing business legally and efficiently.
At UAB “AM Law”, we offer comprehensive monthly accounting reporting services in Lithuania designed for companies that value accuracy, structure, and strategic insight. Our experienced accountants and financial professionals ensure that your monthly reports are always complete, compliant, and delivered on time—helping your business stay ahead of risks and ready for growth.
Why Monthly Accounting Reports Matter
Monthly accounting reports provide a continuous financial snapshot of your business performance. They are critical for:
- Monitoring profitability and cash flow
- Fulfilling tax reporting obligations
- Tracking operational expenses and revenues
- Making informed business decisions in real-time
- Meeting investor, bank, or board requirements
- Preventing accounting errors from accumulating over time
By keeping a close eye on your numbers each month, you gain the clarity and control to lead your business with confidence.
Who Should Use Monthly Reporting Services?
Our monthly accounting services are ideal for:
- Small to medium-sized enterprises (SMEs)
- Startups requiring investor transparency
- Foreign businesses operating subsidiaries in Lithuania
- E-commerce companies with recurring transactions
- Firms preparing for audits, investment, or expansion
Whether you’re a single-employee company or managing a large team, monthly reporting will help you operate more efficiently and meet all legal obligations.
What’s Included in Our Monthly Accounting Reporting Package?
We provide a full suite of reports and financial insights every month, customized to your industry and internal management needs. Our monthly package typically includes:
1. Profit and Loss Statement (Income Statement)
- Monthly revenue and cost breakdown
- Gross profit, net profit, and operating margins
- Detailed category tracking (sales, cost of goods, admin, etc.)
2. Balance Sheet
- Real-time snapshot of assets, liabilities, and equity
- Accounts receivable and payable reconciliation
- Tracking of shareholder capital and retained earnings
3. Cash Flow Statement
- Operating, investing, and financing cash flow
- Cash inflows and outflows categorized
- Cash position analysis for liquidity management
4. General Ledger and Journal Entries
- Complete record of all transactions during the period
- Ledger reconciliation and cross-checking
- Correction of errors or inconsistencies
5. VAT and Tax Reporting
- Monthly VAT return (if applicable)
- Income tax (GPM) prepayment assessments
- Social security and payroll tax review (Sodra)
6. Expense and Budget Tracking
- Comparison of actual spending vs. budgeted amounts
- Flagging of overspending or unusual patterns
- Suggestions for cost optimization
7. Custom Management Reports
We provide custom insights tailored to your needs, including:
Investor-ready financial summaries
Sales trend analysis
Departmental performance tracking


Compliance with Lithuanian Accounting Law
Monthly accounting reporting in Lithuania must align with the legal standards outlined by:
- The Law on Accounting of the Republic of Lithuania
- Lithuanian Business Accounting Standards (BAS)
- International Financial Reporting Standards (IFRS) (for specific entities)
- Tax obligations defined by the State Tax Inspectorate (VMI)
- Social insurance reporting to Sodra
Our team ensures all of your monthly reports comply with these regulations, helping you avoid penalties and ensuring peace of mind.
The AM Law Advantage – Why Businesses Choose Us
Experienced Accountants and Legal Advisors
Our combined legal and accounting expertise ensures your business is not only financially organized but also legally protected in every aspect of reporting.
Timely, Accurate Reporting – Every Month
We pride ourselves on delivering professional reports that are complete, reconciled, and on time—every time. No missed deadlines, no surprises.
Customization for Every Industry
From tech startups to manufacturing firms, we adapt our monthly reporting process to reflect the realities and nuances of your specific business model.
Multilingual and Internationally Friendly
All reports and communications can be provided in English, Lithuanian, or Russian, helping foreign business owners understand and manage their finances with confidence.
Secure Data Handling and GDPR Compliance
We follow the strictest data protection practices, ensuring full confidentiality of your financial records and personal data.
How Our Monthly Reporting Process Works
Step 1: Onboarding and Setup
We assess your existing records and accounting software (or help you set one up) and customize a reporting format suited to your business.
Step 2: Monthly Data Collection
You send us your sales invoices, expense receipts, bank statements, and payroll data at the end of each month.
Step 3: Accounting and Reconciliation
We enter and verify all transactions, reconcile your accounts, and generate comprehensive reports.
Step 4: Report Delivery and Consultation
You receive all reports in your preferred language, and we provide insights, highlight red flags, and suggest improvements during a monthly review.
Sectors We Serve
We work with clients in a broad range of industries, including:
- IT and Software Development
- Retail and E-commerce
- Real Estate and Construction
- Logistics and Transportation
- Hospitality and Food Services
- Healthcare and Pharmaceuticals
- Professional Services and Consulting
Every sector has unique accounting needs—we tailor our monthly reports accordingly.
Take Control of Your Finances with AM Law
Consistent, accurate monthly accounting is essential for sustainable business growth, compliance, and financial clarity. With UAB “AM Law”, you gain more than just reports—you gain a trusted partner who helps you understand the story behind the numbers.


Citizenship of Lithuania
Citizenship
- Acquisition of citizenship of the Republic of Lithuania by virtue of birth.
- Restoration of citizenship of the Republic of Lithuania.
- Oath of Allegiance to the Republic of Lithuania.
- Naturalisation.
- By way of exception.
- Simplified procedure.
Right to reinstate citizenship of the Republic of Lithuania to persons who had citizenship of the Republic of Lithuania and until 15 June 1940 and their descendants who have not acquired citizenship of the Republic of Lithuania before 2011-04-01.
We could help you to get citizenship in Lithaunia.
For jobseekers:
We are searching employees from Europe who would want to work in Lithaunian companies.
For employers:
We are dealing with recruitment companies all over the world and can suggest a variety of employees.