In any sector to survive, profitability is the key. If a firm has great products or services, but if it is not able to make profit, it won’t last in the competition for a long period. Profitability also helps in maintaining and managing the required financial support and thus, we at Meru Accounting provide agile and accurate report of monthly profit for different service departments of the firm so that the firm can function accurately.
Categorisation of sales and services
A well established IT firm can have different departments with numerous arrays of client base. We understand the vastness of it and have expertise in analysis of department wise performance. Our expert executives take care of different departments, after understanding the requirements of a firm.
The IT infrastructures are prone to depreciation in the era of advancing technology, thus to get the exact value of your investments, we provide a detailed report of the valuation of systems and software.
Financial viability of Projects
Maintaining the financial viability of a firm is very essential. A software firm’s success depends on the viability of the projects that is carried out. We at Meru Accounting provide our clients a proper financial analysis of projects, which includes predicting future cash flows and valuation will indicate the project’s success. The better the analysis, the better it becomes to take important decisions related to the business.
The source of income for any firm is the payment it receives from its clients through various modes. We have expertise on different payment methods and thus we help our clients by ensuring the timely receipt of payments along with accurate reconcilement when they use payment gateways like PayPal, Eway, stripe, trans first, Square N, we pay etc.
We also plan our clients’ accounting strategy, from taking care of their books of accounts, to manage the payments and receipts. We also make timely analysis to make sure that cash flow requirements are mate without any hindrance, and our clients can grow without any worries.
Corporate and sales tax
Like all the industries have to make provisions for taxes, IT industry is not any exception! We at Meru Accounting very well perform this on behalf of our clients, so that the last moment panic can be eliminated.
We understand that the main reason that a firm opts for accounting services is that it can know how the business has performed during a year from its books of accounts and profit analysis. We provide accurate financial analysis to our clients so that our clients can have a good future anticipation on his business and can take important financial decisions based on it.