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, not just in Dover, but at a global level. We strictly adhere to Generally Accepted Accounting Principles (GAAP), International Accounting Standards (IAS issued by IASC) and International Financial Reporting Standards (IFRS issued by IASB).
We’re ISO 27001 and ISO 9001 certified, and practice the highest standards of compliance and security.
Velan’s Global Offshore Bookkeeping Services
Setup of accounts
Cleanup of books
Recording of all expenses and income
Maintaining various ledger and sub-ledger accounts
Fixed assets accounting
Reconciliations – Bank accounts, Credit cards, Vendor and Customer Statement, Inter-company, Ledger and Sub-Ledger
Month-end and year-end closing
Consolidated financial reporting
MIS reporting
Why Outsource?
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.
Velan’s Offshore Bookkeeping Services
Setup and maintenance of your chart of accounts
Cleanup of books
Recording of all expenses and income
Maintaining various ledger and sub-ledger accounts
Fixed assets accounting
Reconciliations – Bank accounts, Credit cards, Vendor and Customer Statement, Inter-company, Ledger and Sub-Ledger
Payroll processing
Accounts payable processing, including posting invoices, preparing payments, and processing payments
Accounts receivable processing including invoicing clients, collections and posting receipts
Month-end and year-end closing
Monthly financial reports including income statement, balance sheet and cash flow statement