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SME / Client Business•Velo Labs Ltd (Client of Sterling & Bell)
E-Commerce Client Streamlines Multi-Currency Bookkeeping & VAT Compliance
1. The Practice Bottleneck
Velo Labs sold products globally across Shopify, Amazon UK, and Amazon EU. Their bookkeeping was chaotic due to high-volume multi-currency sales, complex inventory reconciliations, and the need to file accurate VAT returns under Making Tax Digital.
2. The White-Label Solution
We established automated data flows from Shopify and Amazon into Xero using A2X, matched bank deposits daily in multiple currencies (GBP, USD, EUR), and compiled monthly VAT and OSS tax schedules for review.
3. The Quantifiable Outcomes
Ledgers are now updated and closed within 4 business days of month-end. VAT returns are submitted cleanly through MTD links, and the client receives precise gross margin reporting per sales channel.
Key Metric Achieved
4 Days
Month-End Close TimePartner SLA Guarantees
- Strict 100% white-label operations
- Dedicated account supervisor assigned
- Daily log-ins & overnight ledger updates
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