Question 1

Who is Pinigo for?

Accepted Answer

For Lithuanian sole proprietors working under an individual activity certificate (IV), business certificate holders (VL) and small partnerships (MB). The interface and documents are in Lithuanian and English.

Question 2

Does Pinigo replace an accountant?

Accepted Answer

No. Pinigo prepares documents, keeps the IV and VL income and expense journal and shows tax estimates, but you submit declarations yourself (for example GPM311 in the VMI EDS). For an MB, Pinigo handles documents and exports for your accountant; double-entry bookkeeping and financial statements are not in Pinigo yet. You can invite your accountant to the company with the accountant role.

Question 3

Can I issue a VAT invoice?

Accepted Answer

Yes. When the company has a VAT code, invoices are issued as VAT invoices with 21, 12, 5 or 0 % rates, VAT exemption or reverse charge (the phrase "Atvirkštinis apmokestinimas" is added). Before issuing, Pinigo checks the main details required by Article 80 of the Lithuanian VAT law; the VAT code of a Lithuanian VAT-registered buyer and the supply date are up to you. VAT invoices in a foreign currency are not supported yet.

Question 4

How does numbering work?

Accepted Answer

Each document type has its own series (SF for invoices, IS for proforma invoices, KS for credit notes, KP for proposals) that you can change in the invoice design settings, optionally with the year. A draft gets its number only when it is issued, so numbers within a series run without gaps. A wrong document is cancelled, not deleted.

Question 5

Are the tax calculations accurate?

Accepted Answer

Pinigo only calculates what is confirmed by a primary source: the law on e-TAR, VMI, Sodra or the Ministry of Finance. Every tax rate and limit is stored with its source, validity dates and the date it was checked, and every figure shows which year's rules it uses. Where a rule is not verified or the situation is unusual (for example a pension, an employment contract alongside IV or several activities), Pinigo shows no figure but an explanation and a link to the official calculator. The result is an estimate, not a tax return.

Question 6

Which taxes does Pinigo estimate?

Accepted Answer

For IV: personal income tax (GPM) with the IV tax credit and Sodra contributions (VSD and PSD) from 90 % of taxable income, with the cap and the PSD minimum. For VL: the fixed Sodra contributions. For an MB: Sodra contributions on payouts to members. Only for years whose parameters have been verified.

Question 7

Is Pinigo suitable for a business certificate (VL)?

Accepted Answer

Yes. Pinigo keeps the VL income and expense journal (Order of the Minister of Finance No. 415) and shows indicative trackers for the 50 000 € annual income limit and the 4 500 € limit on income from companies.

Question 8

Can I use Pinigo for an MB?

Accepted Answer

Yes, for invoices, proposals, credit notes, expenses, the VAT summary, i.SAF and exports for your accountant. Double-entry bookkeeping for an MB (chart of accounts, balance sheet and profit and loss statement) is planned for later.

Question 9

Does Pinigo prepare i.SAF?

Accepted Answer

For VAT payers Pinigo shows a VAT summary for the period and exports the i.SAF XML file (version 1.2) that you upload to VMI. Companies that are not VAT payers do not need i.SAF.

Question 10

How do I send an invoice to a client?

Accepted Answer

Send it by email straight from Pinigo: the client gets the PDF and a link to the document page, where they can view and download it. You see when the client opened the document page. Proposals can be accepted or declined on the same page.

Question 11

What can I export for my accountant?

Accepted Answer

CSV files with documents, payments and expenses, a ZIP archive with the PDFs for a period and the income and expense journal as PDF or CSV.

Question 12

Where is my data stored and can I delete it?

Accepted Answer

Pinigo is hosted in the European Union (Hetzner, Germany). You can export your documents and expenses at any time and delete your account in the profile settings. Documents that the law requires to keep are your responsibility to store for the required period. See the privacy policy for details.

Invoices and taxes.
Simple and correct.

Everything for your paperwork.
From the elements you need.

From the quote to the taxes.
Without doing it twice.

Quote

Invoice

Journal

Taxes

Better no figure than a wrong one.
Taxes from verified rules.

Try it before you register.

Questions.
Short answers.

Issue your first invoice today

Invoices and taxes.Simple and correct.

Who is it for

Everything for your paperwork.From the elements you need.

From the quote to the taxes.Without doing it twice.