Accounting
Bookkeeping
It is important to note that bookkeeping service differs from accounting service.
Accounting usually refers less to bookkeeping and more to analysis and evaluation.
While bookkeeping is about gathering and preserving data, a lot of accounting is working with that data and generating concrete decisions or advice based on that data.
Bookkeeping service is in fact the practice of recording and keeping track of financial transactions of your business.
Bookkeeping relates to maintaining day to day accurate and comprehensive records and collect financial information with the help of which financial statements or books of accounts are prepared.
Accounting, on the other hand, refers to preparing, reporting, analyzing, and summarizing financial data collected by bookkeepers. The accounting reports give a snapshot of the financial position as well as the performance of your business.
The bookkeepers are required to summarize the activity of your business regularly into financial reports. These reports showcase the financial position as well as the performance of your business.
Without data gathered by bookkeeping, accountants have nothing to work with.
Accounting & Bookkeeping
list of services
Venture USA offers a full range of Accounting & Bookkeeping services to help achieve timely performance, visibility and keep your business running smoothly without the headaches and start up expenses of establishing an accounting department. Our services include the following:
- Bank account & company set up
- Accounts Receivable
- Accounts Payable
- Bank statement reconciliation
- Management of Expenses
- Exchange rate management
- Monthly income statements
- Monthly Balance Sheet
- Budgeting
- Transfer pricing
- Payroll Processing
- Billing / invoicing / payments
- Assets and inventory management
- Financial Statements
- Financial Reporting
- Financial Records Management
- Financial Statement Preparation
- Tax Preparation
- Tax Planning
- Tax Services
- Tax Compliance
- Tax Filing
Other accounting services Venture USA can provide:
- Financial Analysis
- Establishing / Managing KPIs
- Cash Flow Analysis & Forecasting
- Implementing Accounting & Operational Workflows
- Job / Project Costing
- Custom Reporting
- Identifying Opportunities to Support Client Needs
Venture USA Bookkeeping Services for different industries
- Consumer Goods
- Food
- Industrial / Machinery
- Shipping & Freight Forwarding
- Consulting Services
- Technology / Digital