Offshore Bookkeeping Services

Looking for an Offshore Bookkeeping Services?

You’d be pleased to know that Velan offers offshore and outsourced Bookkeeping Services to CPA firms, SMEs, Retailers, and Real Estate/Property Management companies at a global level.

With over 18 years of industry expertise, we offer accounting and online bookkeeping services to CPAs, accounting firms, and other businesses in the USA and Canada. Our bookkeeping professionals are skilled and well-trained to keep all of your books in order.

Velan’s Bookkeeping Service offerings

  • Setup of Accounts
  • Accounts Receivable
  • MIS reporting
  • Yearend Review/ Adjustments
  • Profit & Loss Statement
  • Vendor Payment Scheduling
  • Bank/Credit Card Entries & Reconciliation
  • Vendor & Customer Statement, Inter-company, Ledger & Sub-Ledger
  • Clean up of books
  • Month-end & year-end closing
  • Budgeting & Forecasting
  • Financial Review & Analysis
  • Balance Sheet Statement
  • 1099 E Filing Report Preparation
  • Financial & Tax Reports (As Sought by CPA)
  • Accounts Payable
  • Consolidated financial reporting
  • Custom Bookkeeping Tasks
  • Match Cash Transaction Entries
  • Cash Flow Statement
  • HST Calculation & Filing
  • Reconciliations – Bank accounts, Credit cards,

Our Bookkeepers Certifications

  • velan bookkeepers in texas
  • velan bookkeepers in texas
  • velan bookkeepers in texas
  • velan bookkeepers in texas
Equipped with the Expertise to Efficiently Operate Various Accounting Software

Our Offshore Bookkeepers can Handle

Benefits of Offshore Bookkeeping & Accounting Services

Aside from the benefits outlined above, offshore bookkeeping and accounting services may bring other benefits and help
optimize your business. Here are a few of them.

Enhanced Business Compliance.

  • Offshore bookkeeping helps you keep on top of your compliance. You would not have to worry about missing tax deadlines or submitting partial paperwork on time. Instead, let your outsourcing partner handle this for you.
  • Offshore accountants in foreign countries typically follow deadlines and rules in the West, where the majority of their clients are located.

Lower Hazards In Operational Management.

  • There are numerous risks associated with hiring workers in a corporation. You get to eliminate the cost of personnel salaries, costs, and the resources required to get them up and running.
  • Workspaces, PCs, office supplies, accounting software, and other workplace necessities such as ISO are just a few things to keep on hand.
  • You must also decide whether they will stay with you permanently or for a set period of time. On the other hand, employing them in-house may be challenging if you only require them for a short time.
  • When you hire an offshore bookkeeping firm, you assume the related risks. You will not have to pay extra money to recruit, train, and retain your employees because they will be responsible for these responsibilities alongside you. As a result, these risks will be mitigated, and your accounting services will improve.

Improved Quality Control, Fewer Faults

  • Accounting is a demanding discipline that demands precision, undivided attention, and experience. Entrepreneurs like you may be able to manage multiple tasks at once, but bookkeeping and accounting will not work. You may risk fines or increased expenditures simply because of errors in your financial reporting and payroll procedures.
  • bookkeeping services require the use of skills honed while dealing with vast numbers of papers, bills, and books of accounts for your company. You may save time by outsourcing accounting to them, ensuring that your records are correct and on time for tax deadlines.

Improved Quality Control, Fewer Faults

  • Many firms are concerned about the security of their data when using offshore accounting services. They should, however, take a different perspective.
  • For example, bookkeeping accounting firms in India operate in a controlled environment with strict security measures in place to protect their clients' information. They follow international standards and data privacy rules in both the West and their own country, while implementing standard processes in accordance with global norms.
  • These businesses also benefit from government assistance in cutting operational costs while raising their IT and security efforts even more. As a result, you will not need to worry about your data.

High Scalability And Quick On Boarding.

  • Finally, there are times when you do not need to do accounting. You may have finished your quarterly financial report, double-checked that your inventory is current, or automated payroll.
  • You'll need to keep your in-house employees, even if their job demand declines, because they're more interested in staying with your company for the long haul than working for a few years and then leaving.
  • One advantage of offshore bookkeeping and accounting is that it allows you to scale your workforce as needed. When you need extra help, you can rapidly employ some help and reduce your workforce once your primary operation is completed
Online Bookkeepers & Accountants

How Secure is Your Data With Us?

Velan understands the importance of safeguarding customer data throughout its entire operational lifecycle. We ensure the uttermost protection of customer property throughout the entire product development process, including storage and logistics. We demonstrate our dedication to data security through the implementation of ISO 27001 in our office.

payment

Why Choose Velan for Remote Bookkeeping Services?

  • Today, Velan offshore bookkeepers manage books worth over $1 billion of clients across the US.
  • Velan has over a decade of impeccable track record in offering reliable and quick Remote bookkeeping & accounting services to CPA firms, small and medium businesses nationwide.
  • Our certified bookkeepers have expertise in almost on all popular software platforms including QuickBooks, Xero, Sage etc.
  • Certified processes and security controls practiced by our team ensure consistent delivery of Online bookkeeping services without compromising data security and confidentiality.
  • Our established processes and communication protocols allow our team to act as an extended office, serving you relentlessly, day-in and day-out. Put an end to your search for the best outsourcing bookkeeping service provider near me.

Why Do Companies Like Yours Outsource Bookkeeping & Accounting?

Avail offshore bookkeeping services in India, and put an end to the overhead costs associated with an in-house team.

Velan’s offshore accounting and bookkeeping services can help you alleviate an entire assortment of complications discussed herein.

When it comes to in-house bookkeeping and accounting, most companies face an incessant array of challenges:

  • CPA firms find it difficult to maintain operating margins.
  • The investment made for hiring an in-house accounting team, training and infrastructure, negatively impacts bottom-line growth.
  • Retail Businesses with little or no knowledge of accounting find it exhausting to keep pace.
  • Small and Medium Enterprises wish they could concentrate on their core business processes, rather than struggling with financial backlogs, reconciliation, ledgers, etc.
  • Financial Accounting & MIS reporting is best left to experts.
  • In-house accountants cannot tackle workload surges, whereas outsourced accounting services can provide instant scale-up options.

Why Our Clients Trust Us

Testimonials

News, Tips & More!

Bookkeeping case Study

accounting-process-automation

NJ Chemical Manufacturer Trusts Velan's Accounting Services

Velan supports a New Jersey speciality chemical manufacturer with top-notch accounting services. Velan completes accounts receivables and payables on time with 100% accuracy and earned the client’s trust.

More on Bookkeeping Case Study
Outsource Bookkeeping Services

Michigan Property Management Firm Enlists Velan for Cleanup & Retainer Services

Michigan property owners rely on Velan for professional cleanup and retainer services. Discover how our trusted property management firm can assist you

More on Accounting Case Study
CPA's and Accounting Firms Bookkeeping

Velan | Transitioning from Sage to QuickBooks for Service Firm

Velan Accounting Team assists a reputable service provider in transitioning from Sage to QuickBooks to optimize payroll, improve AP/AR, and increase workflow efficiency

More on Realestate Case Study
Bookkeeping Services

Frequently Asked Questions

Why should I consider offshore bookkeeping for my business?

Offshore bookkeeping offers cost savings, expertise, scalability, and more, helping streamline finances for your business.

What accounting software do offshore bookkeepers use?

Offshore bookkeepers use various accounting software like QuickBooks, Xero, and more, tailored to your business needs.

What is the difference between offshoring and outsourcing accounting?

Offshoring moves tasks to another country, while outsourcing involves hiring external firms, both to enhance accounting efficiency.

Quick Connect With Us