End to End Remote Bookkeeping & Accounting services for Business Owners & Accounting firms
Meru Accounting is a CPA firm providing complete outsource bookkeeping and accounting solutions to CPAs and small & medium-sized businesses across the United States, United Kingdom, Australia, New Zealand, Hongkong, Canada, and European countries.
Manage your Payables on daily basis, cost-effectively with reduced invoice discrepancies and disputes.
Indirect Tax
We do BAS, VAT, GST101A, Sales Tax, etc. reduce attribution errors and costs, and ensure indirect taxes are handled correctly.
Easy to understand
WORK-O-LOGY
We can work on any of the accounting software and add-ons of your choice!
Working Remotely
Using secure virtual technology like VPN/RDP/Teamviewer, Netsonic, etc, we log in to your system and thus complete all the work on it.
Using cloud software
It simply requires you to provide your login details and supporting accounting information via our secured mailing system. Then we complete the work and save it on the cloud.
The documents are entered into accounting software of your choice (Xero, Quickbooks, MYOB, Saasu, Wave apps, etc.)or any such accounting platform.
We then store the scanned copy of the source document along with the transaction to make it easily accessible in accounting software or on related add-ons.
All the entries would be cross-checked and reviewed with the source documents (i.e. Purchase Invoice/Scanned Bills etc against the Purchase/Expense transaction, respectively).
Benefit:Â This will leave an audit trail for every transaction for future use.
Management reporting: We will provide monthly management reports in order to appreciate our client’s business performance.
We also have an option of standard Service Level Agreement with the client to understand exactly what their reporting needs are.
Payables / Receivable Reporting:Â We report the entities daily who wish to have their books updated regularly.
Indirect Tax returns:Â We stay committed to sending you the report two weeks in advance for you to review. We also assist you with your VAT, BAS, GST/HST, and Sales Tax based upon whichever country you are in.
We take care of all communication with your CPA if the tax returns are done with your local CPA.
Step 1:
Get Started by Linking Your Accounts: Begin by securely linking your financial accounts, and initiating the introduction to your dedicated bookkeeper. They will familiarize themselves with your business and guide you through the functionalities of our platform.
Step 2:
Get financial insights in real-time: Access real-time financial insights effortlessly, providing you with a comprehensive overview of your income and expenditures, available at your convenience, even before your books are finalized.
Step 3:
We manage your bookkeeping: Let our experienced bookkeepers handle the organization of your business transactions and the preparation of your financial statements on a monthly basis. If they require any information from you, rest assured they will reach out promptly.
Step 4:
Taxation made easy: Simplify your small business tax responsibilities. As tax time approaches, we deliver a comprehensive package containing all necessary documentation for filing. Alternatively, opt for our Premium plan, and we'll take care of the entire filing process on your behalf.
Bank Reconciliation Work Technique
1. Understanding the business of the client
2. Then, drafting the chart of accounts as per the business requirements.