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Accurate, up-to-date bookkeeping is the cornerstone of every successful small business. Irrespective of any business sector, you must practice regular bookkeeping to run your business smoothly, efficiently, and profitably – now and in the future. Learning the ropes of bookkeeping may sound intimidating, fret not! We are listing down everything that you must know about bookkeeping and how you can play it to your advantage for your small business. What Is Bookkeeping? Bookkeeping is like Read More

There is a common misconception that a bookkeeper and an accountant are enough to run the financial aspects of the company.  The role of a bookkeeper limits to maintaining the daily transactions in the organization. In some cases, the bookkeeper can extend their services during the accounting season but with limited expertise.  The role of an accountant is to get the data from the bookkeeper and work at the end of every financial year to Read More

Looking for Accounting Services in Dover? 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 27001:2013 and ISO 9001:2008 certified, and practice the highest standards Read More

13 BENEFITS OF HIRING AN OUTSOURCED BOOKKEEPING SERVICE Precise and up-to-date accounting is vital for a growing business as non-compliance takes a heavy toll on a business, hampering its development. But business owners and executives can gain more value from their time spent on business growth rather than bookkeeping. Though they could employ online accounting software like Quickbooks, they would still need an expert to feed accurate and relevant data. Thus, outsourced bookkeeping services become Read More

How can you maintain your bookkeeping efficiency while telecommuting? In light of the COVID-19 pandemic, organizations across the world are encouraging their employees to telecommute, thereby preventing the rapid spread of this virus and ensuring employee safety. However, the organizations need to maintain the productivity and efficiency of the employees as most of them have not worked from home before this pandemic. Companies that are equipped with the right hardware, proper bandwidth, sufficient VPN capabilities, Read More