Virtual Bookkeeping Services
Offshore Bookkeeping services:
Virtual bookkeeping services allows an accountant or bookkeeper to provide accounting services for a client remotely.
Seeking a balance between hiring and workloads is major bottleneck for small businesses and they try overcome it by telecommuting positions.
Virtual Bookkeeping and Accounting services
Sometimes virtual bookkeeping and accounting services can simply be a generic way of saying bookkeeping and accounting obtained through the Online.
Virtual bookkeeping can mean working with a p2p online network. Locally and mainly through computers and an online bookkeeping services.
A single worker who works from home as a bookkeeper can perform two different jobs like virtual bookkeeping and accounting.
Outsource your bookkeeping and Accounting Services
Velan bookkeeping service expert at handling offshore and outsourced Virtual bookkeeping service and Accounting services have a successfully met the need of several customers for the last 15 years.
List of Bookkeeping services: We providing
• Payroll services
• Taxation services
• QuickBooks services
• Financial Accounting Statement
• Cash flow management solution
• Accounts payable services
• Accounts receivable services
• Tax filling solution
• CPA and CPAs Accounting firms
• ALF services
• Bookkeeping and accounting for small business
• Property management terms services
Outsourced Payroll services:
A payroll outsourcing Services Company will process your payroll by gathering your employees' information for join date, job profile, and pay scale, time card data.
Calculating the pay that's due to each employee, and then paying that amount by issuing a direct deposit or payroll services check
Service tax is a type of indirect Tax that you are liable to pay to the govt once you consume the taxable services offered by different service providers
• Restaurants
• Cab and Taxi services
• Motels
• Travel agents and Guides
• Cable providers
QuickBooks is a small business accounting software program.Use to manage income and expenses and keep track of the financial healthily of their Medium business.
Can use it to invoice customers, pay bills, generate reports and prepare for taxes
8 ways for QuickBooks used for
1. Income and Mange Sales – Accounts Receivables
2. Track Bills and Expense – Accounts payable
3. Insights for key reporting - Profit and loss, Cash flow statements
4. Payroll services and subscriptions
5. Track inventory
6. Simplify taxes
7. Online Payments and Cash Flow Management
8. Bookkeeping fee and pricing
Financial Accounting Statement:
Financial accounting statements are reports prepared by a company’s management to present the financial and accounting performance and position at a point in time. We including
Balancing sheets
Income and outcome statements
Owner equity
Cash flows
Stockholders’ equity
Cash flow management solution:
Cash flow management solution is a product enable companies to manage the flow to finance and accounts monitoring and analyzing for revenue or expenses.
Accounts payable (AP) is a credit that suppliers offers to customers by allowing Pay to Product or services.
AP process is the terms of cash discount offers, how paying invoice at no. of days.
The accounts receivable services (AR) process setting up procedures for extending credit, generating invoices, maintaining records of payments due and received.
AR Cycle is collection of cash and no.of days collect accounts receivable.