Upcoming Webinar: Mastering Bookkeeping in QuickBooks Online - Advanced Techniques, Date: 14th May, Time: 11:30 AM EST. Upcoming Webinar: Mastering Bookkeeping in QuickBooks Online - Advanced Techniques, Date: 14th May, Time: 11:30 AM EST
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Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person

Monthly Bookkeeping, Payroll, Financial Statements or Tax returns for Business owners

Quality Driven
Approach

QuickBooks and Xero Certified Experts

50% Reduction in
Costs

Part Time/Full Time Resources For

⚪ CPA Firms
⚪ Enrolled Agents 
⚪ Bookkeeping Firms
⚪ Tax Practitioners

Hire Remote Team​

Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person

Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Business owners

Quality Driven Approach

QuickBooks and Xero Certified Experts

50% Reduction in Costs

Part Time / Full Time
Roles For

HAPPY CLIENTS
100 +
COMPLETED PROJECTS
1100 +
HOURS OF EXPERIENCE
250 k+
SOFTWARE USED
20 +

Bookkeeping software expertise

saasu

intuit QuickBooks

netsuite

wave

FreshBooks Software For Accounting and Bookkeeping

Freshbooks

odoo

Xero Gold Partner

zoho books

simply accounting by sage

yendo

Bookkeeping software expertise

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.

bookkeeping services
Bookkeeping Service

Regular Management Accounts for your Business, We serve bookkeeping services for different industries.

Setup Xero/Quickbooks

Set up your accounting software in a day through our checklist, for converting a client from your legacy software to Xero.

Bookkeeping for CPAs

We help CPAs to reduce 50 % of their cost by outsourcing recurring tasks to us, with trust and security.

Payroll

We do Payroll for all countries in all software and comply with all tax formalities of the IRS, HMRC, ATO, etc.

Payable Accounting

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.

Meru Accounting is India’s leading bookkeeping firm that has a global presence and also provides its services on payables account management. We track your accounts on a very regular note and also help your business run smoother.

Solutions for Payables Accounting

Meru Accounting’s accounts payable processing solutions are innovative and flexible. Thus, we provide clients with the capacity of converting their procedures for accounts payable into the system. The accounts payable accounting solutions are flexible, cost-effective, and also quick in implementing. Our accounts payable processing has been created by integrating several technologies. Further, the accounts payable help provided by us is of superior quality. It could have to be matched by very fewer companies. Also, our services are innovative and comprehensive.

Meru Accounting provides the following solutions:

When a company places an order and receives goods or services in advance for paying for them, we term it as the company purchasing the good on accounts or on credit. We also consider the vendor or supplier of the goods on credit as a creditor. But, in case the company receiving the goods does not sign a promissory note, then the company records the vendor’s invoice (bill) in its liability account as Accounts Payable.

The process of payables involves getting into a colossal amount of detail so that we enter only accurate and legitimate amounts in the accounting system. Contact us Today! for more information about the process of payables and payables Management, We are happy to assist you.

1.

Purchase order

Issued by the company

2.

Receiving reports

Issued by the company

3.

Invoices (bills)

from the company’s vendors

4.

Contracts

and other agreements

Major of the details that need to be reviewed will be found in the below documents

Process the vendor invoices accurately and in a well-timed manner

Keep accurate records of the general ledger accounts

The accrual of obligations and expenses that have not been processed

And if the above-mentioned points are appropriately and successfully taken care of then the accounts payable process will also benefit and positively affect the company’s cash position, credit rating, and relationship with its suppliers.

So it’s critically important to have everything organized and in a proper systematic way. This will then help and play a significant role in keeping your vendors happy. Paying your suppliers regularly will also have a positive effect on your business and that’s what keeps the client happy and satisfied.

Bargain terms on a better price but never on the premise of compromise. So, the bargain should be such that no one is on the losing end, and yet both achieve what they need by giving the other what they want. Hence, below are some terms that can be taken into consideration to make the whole process workable:

  • Always know the actual/true cost

Having a proper pricing structure and history of the vendor is crucial because it will help you identify the trends.

  • Put forward realistic expectations

With proper know-how of the vendor’s history, will help to be a step ahead of the situation.

  • Understanding the vendor’s language

A lot of vendors spell out their constraints in their invoices.

  • Open ended-discussion with the vendor

Even after all the internal work, always remember to listen before you act.

Payables Methodology from Meru Accounting

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Luis

It was a pleasure working with Meru Accounting. They were good to respond and fast. Expert Xero Accountant as needed. Will rehire them for services.

Reberto

Meru Accounting has been a great help in preparing an accounting report for me. Working with Meru Accounting Xero Accounting software was great. I am very satisfied with their highly professional services.

Accounts Payable Outsourcing FAQ

Please book a call, by selecting your suitable time zone to speak to one of our great accountant meru

The business practise of engaging a third-party vendor to manage operations connected to bills or invoices is known as accounts payable outsourcing.

 

 

Your accounts payable procedures may be streamlined and labour, time, and error-free payments may be made. Implementing Outsourcing can give you improved security, control over invoice data collecting, and assistance with better data analysis to boost business productivity.

 

 

Saving both money and time. access to fresh payables tools and solutions. improved productivity. improved safety.

Our Young and Dedicated Team
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