Why should I choose Meru Accounting for outsourcing bookkeeping services?

Meru Accounting provides world-class services that cater to all the needs of cloud accounting and bookkeeping of your business.

We work on the best accounting software like Xero and Quickbooks, as well as add-ons that will make sure all your work is up-to-date.

Help you with switching from your traditional software to Xero and Quickbooks.

We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.

How will outsourcing help my business?

When you choose to outsource your accounting work with us, it benefits you in the following ways:

  1. Cost-saving
  2. Access to skilled and experienced professionals
  3. Better management of books of accounts
  4. Decreased chances of errors
  5. Improve business efficiency
  6. De-burdens in-office employee’s dependency
  7. Better turnaround time

How will I share my data with Meru Accounting?

We work on virtual technologies like Team Viewer, Virtual Private Network (VPN) to share and access data from your system.
You have to share your accounting software login details.

Through that, we complete all of your work and update it on the cloud, so you can have access to your data from anywhere and at any time.

What if I work on different accounting software than Meru Accounting work on?

Software is not a barrier for us. Due to our strong and professional accounting knowledge, we can prepare your books in almost any of the accounting software.

Where do I contact in case of any confusion?

Our experts are always all ears to listen to your queries regarding bookkeeping and accounting or our services. You can contact us anytime by visiting: Contact Us page.

How much Meru Accounting charge for bookkeeping services?

We provide our bookkeeping services at the rate of US $10 per hour. So, you only need to pay for the amount of time actual work is done.

What does Meru Accounting do to secure data of its clients?

We take certain preventive measures to secure your data, like:

  • Cyberoam Firewall to prevent any kind of foreign threat.
  • Dual-step authentication
  • Implement anti-virus
  • Limit user access so that login details are with a few people.

What are the accounting software’s Meru Accounting work on?

Meru Accounting work on some of the best accounting software’s like:

  • Xero
  • Quickbooks
  • Netsuite
  • Saasu
  • Wave
  • Odoo

Along with that, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko etc., to extend your software’s capacity and improved work experience.

How can I book for a free trial?

To book for trial, call us on our numbers or Please fill out the form here.

What qualifications and professional memberships do you hold?

We have combined team of Professionals. Seniors are generally Certified Chartered Accountants. Junior Bookkeepers are having Qualifications like Bachelors of Commerce, Masters of Commerce, Masters in Business Administration in the subject of Accounts and Finance, Intermediate level Qualification of Chartered Accountancy, etc.

What is your Work Methodology?

For information visit our work methodology page.

Do you have suggestions to make my Bookkeeping procedure stronger?

We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster.

Australian references including business name, contact name, email and phone number.

We can provide to you once we move ahead in our interview.

Why are you an MYOB expert?

We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.

Have you managed payroll on XERO before?

Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.

What is GST?

Goods and Service tax (GST) is levied on sales of all the goods and services in Australia. GST is generally chargeable at 10% of value of sales.

What is BAS?

Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered.

How often does business submit BAS?

BAS is generally required to be filed quarterly by various businesses.

Certified public accountants or CPAs are known as backbones of a business firm. They help a business to survive and stand in the market. They are financial experts. Their stronghold at accounting, taxation, and finance makes them feel that they don’t require any bookkeeping service to keep a check on all the updates and paperwork.

Why do we provide bookkeeping for an accountant?

CPA(s) are very knowledgeable. But spending their time in compilation and updation of paperwork is not a part of their job. They can efficiently invest this time in looking up for new clients and strengthening of already made tie-ups with multiple business firms. CPA(s) often live under the misunderstanding that they need not hire a professional and invest extra money on bookkeeping.

Having a personalized bookkeeping service helps

This is an actual myth these days. Having a personalized bookkeeping service improvises the accountant’s productivity. Your work gets more organized and stays updated. Outsourcing accountant experts are well updated with all the latest technologies that are needed to thrive in the industry.

As an accountant, you shall have peace of mind if you know that your accounting processes are in safe hands. Your data is being accessed using the latest technologies. This becomes a major strength when your motto is to work with the maximum no. of clients.

What is a CPA and what does this acronym stand for?

The acronym CPA stands for Certified Public Accountants. A CPA is a certification issued by the American Institute of Certified Public Accountant (AICPA). A person certified as CPA acts as a financial advisor with a high degree of knowledge and experience in the field of accountancy. This certification is mostly preferred by the CA, CS, MBA Cost accountant, financial advisors for professional recognition.

What is the difference between a CPA and a CFA?

CFA stands for Certified Financial Analyst certified by CFA institute whereas CPA stands for Certified Public Accountant certified by AICPA. The purpose CFA is to analyses different financial option and provides investments options to the key financial planner and upper management of investment companies, whereas CPA is trained accountant professional who assists in various accounting service and taxation. We can say CFA act as financial analyst whereas the role of the CPA is of a facilitator of the accounting process.

Who should you prefer, CPA or CFA?

If an individual, business, firm, or organization needs help for the preparation of tax, they should hire a CPA. If they need assistance for financial planning and investment, then should hire a CFA.

How do you become a CPA?

An individual aspiring to become CPA must be a commerce graduate or possess a high degree equivalent to that. The CPA consists of one level and four examinations. A candidate needs to qualify all the exam to become a certified CPA.

What are the three E(s) of CPA?

The three E(s) of CPA are Education, Examination and Experience. These 3 E(s) are necessary to get licenses for CPA. Only passing out examination doesn’t make you eligible for a CPA license, you need to meet sufficient requirements to get a license. Contact to this site for more details https://www.aicpa.org/becomeacpa/cpaexam.html

Who needs a CPA?

An individual, business, or any organization needs assistance in finance, accounting and business require a CPA. A qualified CPA provides professional expertise and advice to your business.

Is outsourcing bookkeeping to India considered safe?

Yes, it is absolutely safe. You are assured of the confidentiality of information and security of critical data when you outsource bookkeeping to India. Outsourcing firms use advanced technology and software and have high-end security systems in place which enables them to provide complete safety and data privacy.

Why should I outsource bookkeeping to India?

India has a rich pool of young and talented bookkeepers and accountants. They often hold a master’s degree and havesignificant experience of working on popular accounting and bookkeeping software such as QuickBooks, Net Suite, Quicken, CSA, Peachtree, MYOB, Sage, Creative Solutions’ Ultra-Tax and Intuit’s Pro Series. Furthermore, the cost of living in India is much lower therefore you get access to talent at a marginal cost. Another reason for outsourcing bookkeeping to India is the quick turnaround time. The time difference enables the work to be done overnight and delivered the next morning.

What is bookkeeping outsourcing?

It is the process of letting a virtual bookkeeper who holds specialisation in this field handle your bookkeeping function.A bookkeeper like Meru Accountingmakes use of professional skills to prepare the company’s financial statements, analyze financial data, manage bank account operations and prepare the outgoing invoices.

Is there a commitment or contract to get started with outsourcing?

Unlike in the case of an in-house bookkeeper, the outsourced bookkeeping services have minimum commitment requirements on your part to use the service. You do not have to pay any set-up fee to get started. There is a simple non-binding agreement that can be cancelled at any time without any cancellation fees or penalties. However, you have to pay a nominal amount as an upfront deposit which eventually gets settled against the monthly services.

Do I have to outsource theentire project, or am I allowed to pick certain tasks that I want to outsource?

Yes, of course, you have the liberty to either outsource your entire project or just certain tasks, depending on your requirements. The fee also depends on the quantum of work to opt for. Once we receive your outsourcing request, we work on building a custom workflow for your company and assign a dedicated team to work on your specific requirements.

Will I give up control of the books if I hire an outsourced accounting team?

No, you will not lose control over your books of accounts. The entire setup of outsourcing is very transparent and you can exercise full control over the financial books for your company. While the outsourced accounting team like us will feed in the transactions, it is up to you to accept or decline any payments or invoices.

How much does outsource accounting services cost?

The service cost varies depending on the quantum of accounting work required and the level of outsourced services provided. Outsourcing firms charge fixed hourly rates depending on the tasks performed. Meru Accounting offers cost-effective accounting, bookkeeping and tax solutions that start at as low as US $10 per hour.

What are the benefits of outsourcing tax preparation services to Meru Accounting?

Outsourcing tax preparation services to Meru Accounting is advantageous in many ways:

 

– You can save over 70% of your administration and operation cost by outsourcing tax service

– We ensure quick turnaround time and hassle-free operations

– You can focus on the expansion of your business, onboarding new clients and understanding their specific requirements while dedicating your tax preparation work to us

–   Our team comprises of CAs, CPAs, CFAs and other professionals who hold great expertise and knowledge in the field

– You do not have to hire additional staff during year end and peak tax season

– You benefit from the latest technology and secure online access

If Meru Accounting is located offshore, how are they updated on United States tax laws?

Our highly qualified and experienced CAs, CPAs, CFAs and other expert professionals are specially trained to work as per the US tax laws. They stay updated with all the latest amendments and changes that take place in the US tax laws. Besides, they attend ongoing seminars and webinars to keep a tap on the changes which helps them work efficiently.

How long will Meru Accounting taketo prepare my clients' tax returns?

We commit a turnaround time of two to three business days. However, in exceptional cases where needed, we have even demonstrated our skills and delivered work within one business day.

What are the benefits for offshore customers in outsourcing their taxation work to Meru Accounting in India?

The primary benefit is cost saving. You will be able to save at least one-fifth of what you currently spend on your accounting, bookkeeping and taxation work. Furthermore, your taxation work will be in the hands of professionals who are well-qualified and have hands-on experience in this field.

How do I keep a track of information sent to Meru Accounting and ensure the quality of the returns for my client?

All the information and data that we receive from your end is stored on the cloud-based software which is well-protected by firewalls and is hence secure. We prepare the returns, get them reviewed from you and only after receiving your approval, we go ahead and e-file the returns or share them with your clients.

How is my client’s personal data secured?

We understand the importance of data for any organisation. Therefore, we value and respect the privacy and confidentiality of all the information that our clients share with us. Using high-level security systems, advanced technology and software, we provide complete safety and data privacy to our clients. Moreover, the information transmitted from our end is completely encrypted and shared through secure channels over the internet.

What is the best way to contact Meru Accounting?

You may reach us by mailing on hello@meruaccounting.com mentioning your specific requirements. Our experts will get in touch with you within one day to discuss your requirements in detail.

Can I visit your office?

We would love to discuss your work requirements over a cup of coffee. You are always welcomed to visit our office in India.

Do clients need to invest in infrastructure to work with Meru Accounting?

Absolutely not. When you hire us, we bring top-notch technology and infrastructure to increase efficiency in your accounting functions. All you are left to do is focus on running your business and we will take care of everything else.

What is the skill level of your finance and accounting services team?

We employ talented and skilled professionals who are the best at their job. Our team comprises of well-trained accountants, chartered accountants, certified public accountants, chartered financial analysts and other financial experts who have in-depth experience of working on the latest finance and accounting software. Our finance and accounting services team hasan exceptional understanding of IFRS, GAAP standards and US Patriot Act.

What is your turnaround time / how long does it usually take to complete a project?• What is your turnaround time / how long does it usually take to complete a project?

One of the biggest reasons why our clients keep coming back to us is because of the quickest turnaround time that we take to deliver our projects. We guarantee 24 hours TAT in most cases. However, the turnaround time depends on numerous factors such as project size, complexities involved, type of project and urgency of deliverables, among other things.

Do you provide a free trial?

Yes, we do offer a free trial of 5 days to demonstrate our service capabilities. The free trial comes without any commitment.

Does Meru Accounting work remotely or on-site? Does my company need to be located in India?

Meru Accounting works with the latest technology to provide bookkeeping, accounting and tax services anywhere in the world.Location is no restriction as we work remotely using cloud-based accounting software.

How does your outsourced service benefit the organization technologically?

When you hire us, we bringthemost advanced technology and latest software so as to cater to yourbookkeeping, accounting and tax related work. This helps you enjoy the benefit of the latest technology in the field of accounting and get access to the latest tax tables, without spending a penny more for the technology up-gradation.