Online Outsourced Bookkeeping Services

Many small businesses, start-ups, and entrepreneurs find it extremely challenging to manage their accounting records and keep their finances updated. All the more burdening is the task of rifling through huge arrays of options and hiring the accountant that is best suited to your needs and the firms’ growth and development.

Choosing the right skills that are qualified and affordable at the same time is difficult. However, with the diligent efforts of a collaborative team of experts well-adept in their work and qualified enough to bring their best features on the table.

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, Jersey, Other European countries, etc.

We follow standardized procedures and systematic processes with the best accounting software and custom financial reporting to a few 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.

" We are top Level Partner with Quickbooks Online "

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Every business has to maintain its financial records in a very proper way to ensure the inflow and outflow of the money in it. Update all the financial transactions in the businesses properly in the bookkeeping. This is a regular task, and the companies should do the daily bookkeeping tasks to record all the things in the bookkeeping. Bookkeeping helps the management to know the areas through which the cash is flowing out of business and the regions through which cash is flowing in the industry. There are some general tasks in the bookkeeping activity to do regularly. All businesses try to achieve proper bookkeeping management for their business.

Here are some Daily bookkeeping tasks:

Hence, these are some essential daily bookkeeping tasks that one can do to save precious time. A well-maintained bookkeeping activity in the business is the reflection of the smooth-running business.

Added to that, we cater to many SME businesses including CPAs around the globe. 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.

Finalization of Books of Accounts

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.

Framing bookkeeping policies for clients

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

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

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

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

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 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.

Finalization of Books of Accounts

Finalization of Books of Accounts

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.

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.

Our Charges starting from US $10 Per hour

  • 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.
  • With the benefits of online or virtual bookkeeping, it is easier to supervise the working of the team experts by conducting virtual meetings and updating on software:

    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.

    No Administrative Overheads

    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

    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

    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.

    Flexible Part Time Hiring

    Flexible Part Time Hiring

    If your bookkeeping volume is low, you can hire our bookkeeper on a part-time basis, saving the cost of employing a full-time bookkeeper as per your requirements. You only have to pay for the services you require.

    Real-time Updates

    Real-time Updates

    Get any time access to up-to-date and accurate online accounting information with virtual accounting services that add value to your company.

    Flexible Part Time Hiring

    If your bookkeeping volume is low, you can hire our bookkeeper on a part-time basis, saving the cost of employing a full-time bookkeeper as per your requirements. You only have to pay for the services you require

    Real-time Updates

    Get any time access to up-to-date and accurate online accounting information with virtual accounting services that add value to your company.

    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 addons 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.

    We also 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.

    XERO Setup Checklist

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    Accounting Software Add-Ons is systematically integrated as Meru Accounting works with a variety of cloud add-ons to provide you with world-class service in accounting and bookkeeping. Cloud add-ons are extensions that are added to your existing software to increase their capabilities. These different types of add-ons provide extensions to the features of your accounting software that it does not serve. There are a variety of add-ons available in the market, but we serve with the best.

    Some of the best cloud add-ons we use at Meru Accounting are Workflow Max, Receipt Bank, Monday.com, Slack.com, Google Drive, Zoho Sales, Veeqo, DataQlick Apps, AutoEntry, Bill.com, Wagepoint, etc. All these add-ons we use at our firm hold a charming reputation and goodwill in the market for their services and accuracy & efficiency.

    We also set-up Xero and various Xero add-on for you to make your bookkeeping experience smooth and much more efficient. These add-ons include Receipt Bank, Datamolino, Auto Entry, Hubdoc, and many others. We add combinations of these add-ons to your software only based on your choices and tailored for your needs.

    With Meru Accounting’s team of experts, you can file your tax returns at the end of the year with their expertise who help you file and prepare your tax returns whether federal or state. Whether it is preparations on documents, filling of forms, filing, and evaluation of different schedules, we are here so you do not get entangled in the complications of tax filing. Meru Accounting will assist you all the way.

    BOOKKEEPING METHODOLOGY from Meru Accounting