Outsource Bookkeeping Services
Business Tax return filing by Certified
CPA / Enrolled Agent
(Starts at $350)
- CPA Firms
- Enrolled Agents
- Bookkeeping Firms
- Tax Practitioners
- Business Owners
Online Outsource Bookkeeping Services
Many small businesses, start-ups, and entrepreneurs find it challenging to manage their accounting records and keep their finances updated. Going through multiple options to find the right accountant can be a difficult task. However, selecting one who fits your requirements is important for the growth and success of your business. Choosing the right skills that are qualified and affordable at the same time is difficult. However, with the dedicated efforts of a collaborative team of experts well-adept in their work and qualified enough to bring their best features on the table. Accounting and bookkeeping services are essential for maintaining accurate financial records and ensuring business compliance.
Meru Accounting is a leading CPA firm that provides streamlined cloud-based bookkeeping services to all sizes of firms. We provide our services to a wide range of networks across the United States, United Kingdom, Australia, Ireland, Hongkong, Canada, Other European countries, etc. We follow standardized procedures and systematic processes with the best accounting software and custom financial reporting to a few of the best third-party software. We understand that every client’s requirements are unique and therefore, we provide personalized accounting and bookkeeping services with customizations that are tailored to fit their unique requirements. Whether you are a small business owner, a freelancer, or running a large enterprise, Virtual Bookkeeping Services help you stay organized and compliant.
" We are top Level Partner with Quickbooks Online "
Essential Daily Tasks for Efficient Accounting and Bookkeeping Services in Business
Accounting and bookkeeping services ensure precise financial tracking and smooth business operations. There are some general tasks in the bookkeeping activity to be done regularly. All businesses try to achieve proper bookkeeping services management for their business.
- Check how much cash on hand you have: The bookkeeping has all the records of the funds you have, which helps the management to decide. The administration will understand the cash on hand the business currently has.
- Incoming and Outgoing payments: Whenever a business spends or receives an amount, it should immediately update in bookkeeping. This helps to analyze the areas where the payment is coming in and the areas where the amount is going out.
- Regular preparation and sending of invoices: Proper preparation of the invoices and sending it at the appropriate time is one of the crucial tasks in the businesses. So, we should carefully prepare and post the invoices in the proper destination.
- Recording customer billings and payments: Businesses should make appropriate customer billings and payments for each purchase. This is a regular activity, so payments must get a proper update at the appropriate place in bookkeeping.
- Filing vendor bills and payment records: Professional bookkeeping services to handle the generation of the bills for all the different vendors are provided. Also, all the records of the payments are kept in the bookkeeping.
- Updating payroll file: It is imperative to maintain a proper payroll of the employees of the organization in an appropriate order. Therefore, the payroll file update in a well-ordered way helps the management of the business to calculate the amount spent on the employees and the output earned by the business.
Hence, incorporating expert bookkeeping services, these are some essential daily bookkeeping tasks that one can do to save precious time. A well-maintained bookkeeping activity in the business is a reflection of a smooth-running business.
Outsourced Accounting and Bookkeeping Services offered by
Meru Accounting
We provide services to many SME businesses including CPAs around the globe. Managing bookkeeping in-house can be time-consuming and costly. That’s why many businesses now prefer to Outsource Bookkeeping Services to save time, reduce errors, and focus more on growth. We have in-depth knowledge and experience with:
Framing bookkeeping policies for clients
We create a portfolio of what all services and policies best fit your firm’s needs. Charting the accounting transactions and recording. This involves all the services such as maintaining the bank ledger of accounts, planning and strategizing policies, allocating account entries, month-end and year-end closing, value-added bookkeeping services, recording receipts and depreciation, etc.
Accounts Receivable Processing
It includes customer billing, order management, customer aging, collections management, cash forecasting and reporting, etc. With the unique operations of tracking overdue payments, clear policies for credit approval, staying organized with the automation of online billing tools, making aged payable reports, etc.
Accounts Payable Processing
This includes managing a wide range of tasks such as invoice imaging, storing invoices, invoice approval, expense allocation, online payment approval, checking processing of the accounts, handling vendor inquiries, etc.
Cash flow Management
It includes synchronized management of inflow and outflow of the cash, allocating budgets, investments in other resources and increasing margins, cutting out the inefficiencies, managing the financial reporting, payroll outsourcing services, etc.
Bank Reconciliation
Full and partial account reconciliation, reconciliation of vendor invoices with your general ledger, bank records with credit card statements, bank statement records, cheque sequencing services, reviews of all the deposited, issued, cleared or canceled cheques, credit card reconciliation services that is to enhance cash flow, track unsettled payments & overdue payments, balance sheet reconciliation, etc.
Handling of Payroll TAX and business compliance
Handling compliance with federal and state regulations, monthly/ bi-monthly/ weekly check payments, filing taxes that support federal Medicare, Social Security and unemployment funds, automatic check signatures, and direct deposits. Reimbursement against expenses, including reporting, balance computation, vetting of documents, approval, and submission of claims, etc. We also interact with the authorities concerning the registration of your company, such as income tax, labor welfare, provident fund, and professional tax authorities.
Accounting and Tax Service:
Allocating accounting software that meets all the requirements by providing essential resources, taking expert tax advice to minimize tax liability, making an adjustment to the year accounts, preparing purchase reports, inventory services, accounting set-up services, annual accounts and tax return preparation, etc.
Bookkeeping Management with KPI Setup:
At Meru Accounting, we help in managing your books of accounts by setting up key performance indicators for your business and measuring them timely. It is our responsibility to keep you updated on your business developments. We hold weekly meetings with qualified CPAs to ensure that you know the areas of improvement. Our clients are allocated with their very own virtual bookkeeper to handle and manage their bookkeeping tasks and document their transactions properly.
- Efficient & Expert-Driven Accounting Process: Cost-Effective Accounting Services: Considering Meru Accounting can prove to be beneficial as we provide cost-effective accounting services without reducing quality: save money on paying the salaries, taxes, office supplies, and benefits for the full-time or part-time employee. You only pay for what you need. There is no loss in productivity costs that come along with hiring full-time employees.
- Efficient Scaling & Data Security: Eliminate time and cost of the hiring process with experts and CPAs in accounting and bookkeeping services. Scaling accounting easily and streamlining your work through automatic processes and third-party software. Ensuring data security and flexibility at the service level is our responsibility.
Outsource Bookkeeping Services to India
Outsourcing bookkeeping services to India can be a good choice for companies looking for cost-effective solutions. India has emerged as the global hub for outsourcing bookkeeping services due to several key advantages:
Cost-Effective Solutions:
Bookkeeping costs can be reduced by 50-70% relative to having in-house accountants in developed nations.
Highly Qualified Professionals:
India possesses a huge pool of competent bookkeepers and accountants well acquainted with international accounting standards.
Time Zone Advantage:
Due to varying time zones, Indian bookkeepers can work in the evening and give financial reports the following workday.
Most outsourced accounting firms in India leverage advanced AI-driven bookkeeping machinery to provide optimum accuracy and dependability.
Meru Accounting puts the needs of its clients as a top priority. We not only provide Cloud-based bookkeeping services to all sizes of businesses established in these countries but we also assist in managing your finances and accounts in the most feasible way of making your work streamlined. We are a dedicated team of accounting professionals with teams of experts to suit your firm’s needs. We provide our services with expertized automation with full-charge bookkeepers, an accounting software specialist, and an accounting manager or controller. Our bookkeeping prices are highly cost-effective. We charge on an hourly basis for our bookkeeping services. This ensures that you pay only until the services are provided. Moreover, pricing on an hourly basis makes it easier to calculate the final payment.
Why Choose Meru Accounting for Your Bookkeeping Needs
Our Charges start from US $10 Per hour. We offer high-quality accounting, bookkeeping, and tax solutions tailored to your business requirements.
- Meru Accounting puts the needs of its clients as a top priority. We not only provide Cloud-based bookkeeping services to all sizes of businesses established in these countries but we also assist in managing your finances and accounts in the most feasible way of making your work streamlined.
- We are a dedicated team of accounting professionals with teams of experts to suit your firm’s needs. We provide our services with expertized automation with full-charge bookkeepers, an accounting software specialist, and an accounting manager or controller.
- Our bookkeeping prices are highly cost-effective. We charge on an hourly basis for our bookkeeping services. This ensures that you pay only until the services are provided. Moreover, pricing on an hourly basis makes it easier to calculate the final payment.
Advantages of Virtual Bookkeeping Services
Virtual bookkeeping services have become an excellent alternative for businesses looking for efficiency and convenience with the rise of digital solutions. Virtual Bookkeeping Services make things even more simpler. You can access your financial data anytime, anywhere, with secure cloud-based systems.
No Administrative Overheads
Handling payroll taxes, employee benefits, paying for sick leave and recruitment costs, or worrying about administrative overheads becomes a thing of the past as our virtual assistants work even on holidays. The client can schedule meetings with the CPAs or experts as well around the month-end.
Huge cost Savings
You can save on thousands of dollars as compared to the cost of hiring, training, and maintaining in-house accountants. Our services help you generate more revenue, grow your business, and eliminate the need for maintaining an accounting department to supervise to and fro with the systematic virtual platform.
No Software Concerns
The benefit of the online accounting and bookkeeping services is that you no longer need to worry about accounting software problems, taking backups, or even installing upgrades.
Framing bookkeeping policies for clients
We create a portfolio of what all services and policies best fit your firm’s needs. Charting the accounting transactions and recording. This involves all the services such as maintaining the bank ledger of accounts, planning and strategizing policies, allocating account entries, month-end and year-end closing, value-added bookkeeping services, recording receipts and depreciation, etc.
Payroll Solutions and Software Add-On Integration by Meru Accounting
We ensure that the data is secure and reliable payroll processing software keeps track of details like changing employee rosters and hours, automatic deductions from paychecks for 401-K and W-2 deposits, tax withholding, and more. If you already have an electronic payroll processing system in place, our software will integrate with yours for a smooth transition.
We have integrated various add-ons like Receipt banks, Datamolino, Auto Entry, Hubdoc, Floatapp, Asana, Sharefile, Google Drive, Dropbox, box, Shoeboxed, Paypal, stripe, Go Cardless, A2X, Tradegecko, Xero Practice Manager for AU. Meru Accounting is an expert with all the extra Xero add-ons as well for reporting in Xero, Accounts Payable, Debt Collection, and Inventory Management.
As we have a specialization with the Xero software and all of its add-ons. We are a Xero-certified Professional and Silver Partner with Xero: We have expertise in functioning with Xero with all kinds of system operations including features like Bank rules, Cash Coding, Hubdoc, Payroll, Superannuation, VAT, GST, Class Tracking, Project reporting, Pension filings, etc.
