Bookkeeping

In order to grow a successful enterprise one needs to concentrate more in building the business while keeping a close watch on the day to day financial transactions. Hiring a certified bookkeeper/accountant or managing an in-house accounting department works out to be more expensive as well as cumbersome.

Outsourcing the bookkeeping task offshore has been a proven method that helps organization improves efficiency, eliminate dependencies as well as lowers cost. Velan offer experienced bookkeepers supported by qualified accountants who are well aware of the latest guidelines and pronouncements on IFRS regulations, GAAP & IAS.

We strongly believe that even the regular bookkeeping and accounting functions needs special care and have designed our services accordingly.

Our Bookkeeping tasks cover,

  • Setup of accounts
  • Clean up of books
  • Recording of all expenses and income
  • Maintaining various ledger and sub-ledger accounts
  • Fixed assets accounting
  • Reconciliations - bank, branch, inter-company, ledger and sub-ledger, credit card
  • Month-end and year-end closing
  • Consolidated financial reporting
  • Financial statements and reports preparation
  • MIS reporting

Velan understands that outsourcing is a critical business decision that an enterprise needs to consider, as money is not the only criteria - integrity is even more important. No matter the size of work we make sure that you have a reliable partner working for you.