Velan Bookkeepers Manage Books Worth Over $1 Billion Velan is in the 17th Year of Business Offering Accounting & Bookkeeping Services Velan Delivers Outsourced Bookkeeping & Accounting Services to Clients Nationwide Velan Offers Accounting & Bookkeeping Services to Small, Medium to Fortune 500 Companies Velan Bookkeepers Have Expertise in Multiple Software Platforms Including QuickBooks, Xero, Sage, FreshBooks, Myob & Accounting CS Velan Offers Bookkeeping Services to Clients in Various Industries Including CPA Firms, SMEs, Retailers, Non-Profit Organizations, Real Estate & Property Management.

Accounting

    Virtual Accounting Solutions

    Category:  Accounting

    The basis of a successful and financially secure company is efficient accounting. Balanced books allow you to take advantage of expansion possibilities and run your company within its means. Precise financial reporting, planning, and forecasting are essential to the success of your company. Still, in the current digital era, there is a huge need for virtual accounting solutions. It is among the affordable options for companies just like yours to manage their money and excel. Read More

    Remote Accounting Services

    Category:  Accounting

    Online accounting and telecommuting are quickly becoming apparent benefits for companies of all sizes. To facilitate smooth collaboration across geographical boundaries, accountants are integrating cloud-based solutions into their operations, and small firms are embracing remote work. Many business owners look for remote expert assistance because their accounting team lacks certain understanding. Large companies that are also expanding their remote workforce are demonstrating the scalability and flexibility of remote accounting services. A survey indicates that, since Read More

    Outsourced Accounting Services

    Category:  Accounting

    Outsourced accounting occurs when a business hires a third party (outside the corporation) to perform the organization’s accounting and financial functions. Why do startups prefer Outsourced Accounting? Starting a firm necessitates continuous attention to all facets of the organization, including financing. Accounting and bookkeeping are critical components of every successful business plan, but startups require internal assistance in managing these activities. Outsourced accounting is a novel approach that several entrepreneurs have recently adopted. In this Read More

    Cash Basis Accounting from Accrual Accounting

    Category:  Accounting

    What is the definition of cash basis accounting? The cash basis of accounting records revenues when cash is received and expenses when it is paid. This method does not distinguish between accounts receivable and payable. Many small businesses choose the cash basis of accounting because it is easy to maintain. It is simple to determine whether a transaction has occurred (money is in or out of the bank), and there is no need to track Read More

    Bookkeeping for Account Reconciliation

    Category:  Accounting

    Account Reconciliation is very important for CPAs and accounting firms. If they are not handled effectively, they can be time-consuming and exhaustive.  Below are some of the practices for you to handle account reconciliation in a whole new perspective: Top 5 Practices For Account Reconciliation 1. Prioritizing the Balance Sheet Strategically planning your priority is the key approach. This method is also called “risk-based prioritizing.” You need to identify the accounts that have a high Read More

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