Global Accounting

The world economy is moving towards global accounting standards so it is important that your business is compliant with these regulations and up-to-date with the standards in all finance and accounting processes. This results in more efficient, streamlined, and comprehensive financial statements. It also helps attract global opportunities which result in greater profits. Global accounting standards also make it easier to provide financial reports to clients from different countries or for multinational companies operating in multiple companies. This also helps to promote a more robust financial economy globally.

Vee Technologies provides IFRS/GAAP/IAS standards of global accounting for the following processes:

  • Accounts Receivable
  • Accounts Payable
  • Accounts Taxation
  • Accounts VAT
  • Accounting Bookkeeping
  • Annual Accounting
  • Bank Reconciliation Statement
  • Daily Ledger Entry Management
  • Financial Accounting Service
  • International Recruitment Processing
  • Management Accounts
  • Payroll Timesheets Processing
  • Sales Tax Management
  • Tax Return Preparation

The Importance of Accurate Finance and Accounting Services for Businesses

The stakeholders in any type of business cannot underestimate the importance of accurate financial statements. Balance sheet, income statement, cash flow statement, statement of stockholder’s equity and others are the major things to look out for while going through financial and account statements.
Case Studies
Issues: The solicitors at a prestigious law firm in Australia were faced with immense work pressure and tight deadlines, because of which they could not send invoices to their customers in time and collect the payment from them.
Our client in the UK runs an umbrella company which is an association of respected agencies and contracts with over 25000 contractor employees. In order to simplify this process, an online platform is used.