Accounting and bookkeeping services

A practical scope for your business

Accounting and bookkeeping provide the foundation for regular financial reporting. VKCAS supports businesses and accounting firms needing offshore support with day-to-day records, reconciliations and closing activities on an agreed scope.

Who this support is for

For businesses keeping their finance records organised and accounting firms extending their capacity with offshore support. Coordination with external accountants, auditors and tax professionals supports the reporting process; it does not imply formal tax or legal opinions.

What the service may include

• Day-to-day bookkeeping: recording and classifying financial transactions, maintaining general ledgers, and keeping accounts organised.
• Accounts payable and receivable: tracking vendor payments, customer invoices, outstanding dues, and receivables ageing.
• Bank and balance sheet reconciliations: reconciling bank accounts, credit cards, and balance sheet accounts to identify discrepancies.
• Month-end closing: maintaining closing schedules and preparing financial statements for timely reporting.
• Financial statements: preparing profit and loss statements, balance sheets, and cash flow reports.
• Fixed asset accounting: maintaining fixed asset records and supporting depreciation tracking.
• Accounting coordination: working with external accountants, auditors, and tax professionals to support a smoother financial reporting process.

Scope, responsibilities and deliverables are agreed together. These descriptions are not guarantees of outcomes.