Velocity Ledger | Outsourced Accounting & Compliance

About

Velocity Ledger is a team of highly qualified CPAs and accounting professionals, led by Dhrumil Dhruv and Shraddha Namdev, Chartered Accountants. We specialize in providing outsourced accounting, tax, and audit services to CPA firms and businesses across the USA, Canada, Australia, New Zealand, United Kingdom, and Japan. Our expertise covers bookkeeping, tax compliance, audit support, compilation, review engagements, and financial reporting for a diverse range of industries.

Our mission is to empower firms and organizations with accurate, timely, and compliant financial data, enabling informed decision-making and growth. We leverage leading platforms such as QuickBooks, Xero, R365, Caseware, Lacerte, UltraTax, ProSeries, ATX, Drake and maintain strict confidentiality and security standards.

We are committed to exceptional service quality, technical excellence, and long-term partnerships. Our team understands the unique workflows and requirements of each client, delivering customized solutions that align with your business goals.

Services

Bookkeeping

Velocity Ledger offers comprehensive bookkeeping services to help businesses stay on top of their finances. Our outsourced bookkeeping services take the hassle off your plate, allowing you to focus on your core business while we take care of your bookkeeping needs. Our team of expert bookkeepers is proficient in using various accounting software, including those above. We can help you set up your books, reconcile bank and credit card statements, manage accounts payable and receivable, and produce financial reports customized to your business needs. By outsourcing your bookkeeping to us, you can make informed financial and tax decisions based on accurate data and up-to-date books. This allows you to save time and money while improving your financial decision-making capabilities.

Year-end Bookkeeping
Monthly Bookkeeping
Catch up & Clean up
Bank Reconciliation
Accounts Receivable/Payable
Financial Statement Analysis
Preparation of Cash Flow Statement

Tax Preparation

Our team of experienced tax professionals will assist you in taking on more work while ensuring timely delivery of high-quality output, increasing your profitability, and reducing operating expenses. We utilize leading tax software and technology to provide our clients with the best possible results. We prepare and file T1, T2, T3, Form 1040, 1120, 1120S, 990, 1041, and 1065, covering individual, corporate, trust, and partnership returns for the US and Canada. By choosing Velocity Ledger, you’ll be saving yourself the hassle of scouting, evaluating, and training personnel, all at a fraction of the cost. Trust us to handle your tax preparation needs, and experience the peace of mind that comes with knowing your financials are in expert hands.

T1 - Individual Returns (Canada)
T2 - Corporate Returns (Canada)
T3 - Trust Returns (Canada)
Form 1040 - US Individual
Form 1120 - US Corporate
Form 1120S - US S-Corp
Form 990 - US Not-for-Profit
Form 1041 - US Trust
Form 1065 - US Partnership

Audit & Assurance

Welcome to Velocity Ledger, where we provide high-quality assurance and accounting services tailored to organizations across a wide range of industries. Backed by a team of seasoned professionals with Big 6 public accounting experience, we specialize in delivering audit, review, and compilation engagements with precision, integrity, and efficiency. Our audits are designed to provide reasonable assurance that financial statements are fairly presented in accordance with applicable standards. This includes a comprehensive assessment of internal controls, detailed analytical procedures, third-party confirmations, inspection of supporting documentation, asset observations, and in-depth discussions with management. In addition to audits, we provide review and compilation engagements, offering flexible assurance solutions to meet varying reporting needs. Our industry-focused audit expertise includes: