Bookkeeping

Small business bookkeeping services, run by a managed team.

Trained specialists keep your books in your accounting software, close each month on schedule and report every week. Your CPA keeps the tax work. Pick your industry to see what changes.

A bookkeeper works through a spreadsheet on a large monitor late in the evening, a calculator and a mug beside the keyboard

By industry

Pick your industry.

Each page covers how the books work in that industry, what the team handles, what stays with your CPA, and the calendar the close runs on.

  • Nonprofits

    Fund, grant and program books for nonprofits, closed monthly and ready for your CPA and Form 990.

  • Construction companies and contractors

    Job costing, pay applications, retainage and WIP kept current in your construction accounting software.

  • Real estate agents and investors

    Commission splits, trust reconciliations and per-property rental books, kept current and reviewed every week.

  • Restaurants

    Daily POS, card and delivery reconciliations, tip records and a monthly close with prime cost by category.

  • Law firms

    Client ledgers, three-way trust reconciliations for attorney review, and a clean monthly close.

  • Startups

    Accrual books closed on a fixed date each month, with burn and runway reports your investors can follow.

Your industry is not listed? The team model is the same. Tell us about your business

In every industry

What the Velorus team handles.

A named Velorus manager owns the output, reviews the work against the standard agreed at scoping, and sends you a weekly report.

  • Accounts payable and accounts receivable
  • Bank and card reconciliations
  • Payroll journal entries and payroll administration support
  • The month-end close and management reports
  • Records your CPA can work from at tax time
  • A weekly report on what was done and what needs your decision

Your options

A managed team, compared.

Velorus managed teamIn-house bookkeeperBookkeeping firm
Who does the workTrained specialists under a named Velorus managerOne employee you hire and manageStaff the firm assigns, which can change
When someone is outThe team covers and the close stays on scheduleThe work waits, or you cover itDepends on the firm
ReportingA weekly report plus the monthly close packageWhatever you set upMonthly statements, depending on the package

How it starts

Three steps. About four weeks.

One call

Tell us where the books stand

Your software, how far behind or ahead the books are, the volume of bills and invoices, and what your CPA needs.

About three weeks

We build the team

We select the specialists, agree the written standard and close calendar with you, and train them in your software.

From week four

They run it

The team keeps the books under a Velorus manager, and your first weekly report arrives.

Questions

The things owners ask first.

Does a managed bookkeeping team replace my CPA?

No. The team keeps the books: payables, receivables, reconciliations, payroll entries and the monthly close. Your CPA or tax professional keeps tax returns, tax advice, audits and reviews, and anything that needs a license or a signature. The team keeps the records in the shape your CPA needs.

Which accounting software does the team work in?

The one you already use. The team works inside your accounting software and your industry tools with the logins you provide, so the books stay yours and nothing has to move.

Where is the team based and what hours do they work?

Our specialists are based in the Philippines and work US hours, so questions about a bill or a deposit get answered during your working day. A named Velorus manager reviews the work every week.

Can you catch up books that are behind?

Yes. Scoping starts with where the books stand today. If they are behind, the first weeks go to catching up, and the plan says how long that will take before the regular monthly close begins.

Where do your books stand today?

Bring your software and where the books stand to a 30 minute call. We will come back with the team and what the first month looks like.