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Every sector wants to increase its profits to make its existence in the ever-changing markets. It is important to get an agile and accurate report of monthly profit for different service departments of the IT firm. Hence, the firm can function accurately. A profitable company can survive in a highly competitive industry in the long run. In the sectors like IT, there are always new developments in technology where the IT professionals need to upgrade with the new developments.
While achieving the milestones in different projects, it becomes important for the business to keep up with the bookkeeping, accounting, and other compliance requirements. We at Meru Accounting help you in managing the creditors, debtors, payroll, compliance, and other accounting aspects of your business. Here, you can get accounting and bookkeeping services in the IT sector. This can help to focus on the evolution of newer technology with new developments.
Most IT companies have projects with specific contracts where they have to work on each project for the long term. IT companies work on multiple projects with different resources and a specific cost for the software. Tracking the costing and other expenses in such a working system is very crucial here. The records of the customers must be billed properly. The Invoicing to the customers can be managed with proper expense with the software facility. The software can properly calculate the income and the expenses incurred in the project with proper consideration of the profits. Here, it becomes easier for IT companies to bill properly for their clients and ensure profitability.
Each IT project must be properly integrated into the software to ensure the payments and the reporting properly. At Meru Accounting, you can get the proper technological expertise with maintaining accounting aspects accurately. Our specialized team at the IT companies can make the accounting aspect accurate. We have a team of highly experienced individuals who have worked across different IT companies.
An IT company has different service departments to work on various aspects.
Here are some of the different service departments in the IT Company:
It is important to ensure the proper financial viability of the project to get more profits. At Meru Accounting, we give a proper financial analysis for each of the clients. It can help to make a proper valuation and cash flow of the project to better success. Taking most of the important decisions becomes easier with the proper analysis.
With new advanced technology always emerging, the depreciation in the IT infrastructure is inevitable. Our software can help to get the proper value of the investments in the software and systems.
Like other industries, the IT industry also has to pay the proper taxes. A proper sales and corporate tax payment are very essential for any business. At Meru Accounting, we can help you to make the proper sales and corporate tax payments.
Analyzing the profits and the accounts is very essential for any business. We provide accurate financial analysis for IT companies which can help to get the proper insight. Making the financial decision can be easier for the business to ensure proper business growth.
We have a team of specialists who are highly experienced in working for IT companies. We can set up different software for the existing system and get the proper efficiency in managing the bookkeeping and accounting. At Meru Accounting, you can get the proper cash flow, proper financial reporting, compliance obligations, and other improvements in the accounting aspects of the business.
Meru Accounting is one of the well-known accounting service-providing companies that provide services across the world. We have proficient and experienced people who can manage the bookkeeping and accounting aspects of your IT Company. We integrate the software properly into the existing system to give faster services with accuracy. Our cloud-based software used can ensure security and cost-effective services for our clients. At MeruAccounting, we give bookkeeping and accounting service to give the proper support to our clients. We are dedicated to giving consistent accuracy in the accounting service we provide.
Meru Accounting provides world-class services that cater to all the needs of cloud accounting and bookkeeping of your business.
We work on the best accounting software like Xero and Quickbooks, as well as add-ons that will make sure all your work is up-to-date.
Help you with switching from your traditional software to Xero and Quickbooks.
We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.
When you choose to outsource your accounting work with us, it benefits you in the following ways:
We work on virtual technologies like Team Viewer, Virtual Private Network (VPN) to share and access data from your system.
You have to share your accounting software login details.
Through that, we complete all of your work and update it on the cloud, so you can have access to your data from anywhere and at any time.
Software is not a barrier for us. Due to our strong and professional accounting knowledge, we can prepare your books in almost any of the accounting software.
Our experts are always all ears to listen to your queries regarding bookkeeping and accounting or our services. You can contact us anytime by visiting: Contact Us page.
We provide our bookkeeping services at the rate of US $10 per hour. So, you only need to pay for the amount of time actual work is done.
We take certain preventive measures to secure your data, like:
Meru Accounting work on some of the best accounting software’s like:
Along with that, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko etc., to extend your software’s capacity and improved work experience.
To book for trial, call us on our numbers or Please fill out the form here.
We have combined team of Professionals. Seniors are generally Certified Chartered Accountants. Junior Bookkeepers are having Qualifications like Bachelors of Commerce, Masters of Commerce, Masters in Business Administration in the subject of Accounts and Finance, Intermediate level Qualification of Chartered Accountancy, etc.
For information visit our work methodology page.
We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster.
We can provide to you once we move ahead in our interview.
We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.
Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.
Goods and Service tax (GST) is levied on sales of all the goods and services in Australia. GST is generally chargeable at 10% of value of sales.
Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered.
BAS is generally required to be filed quarterly by various businesses.
Yes, Owner of the business can prepare sign and lodge the tax return on his own. Its not mandatory that the Tax return needs to be signed by an EA or CPA.
No , its not mandatory that it should be prepared by only CPA or EA. It can be prepared by anyone who has PTIN.
We have Enrolled Agent who has the Authority to sign the documents for our clients after completing the through professional check.
Meru Accounting has its operational centre in India and hence the prices are quite less as compared to US based CPA’s and Enrolled Agents.
Meru Accounting has a team of Tax experts. Each Tax expert prepares around 300-400 Tax returns every year for various CPA’s in United States and Individual Businesses like yours. Due to this vast Experience and Robust Quality Check processes in place we can ensure you about correct Tax planning for your firm.