Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Online retailers and E-commerce storefronts
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
- Business Owners
Hire Remote Team
Certificate Expertise
Freshbooks
Freshbooks
Freshbooks
Freshbooks
Bookkeeping Software Expertise
saasu
wave
Freshbooks
odoo
Xero Gold Partner
zoho books
simply accounting by sage
yendo
“& many more”
Our Services
VAT Return
File accurate and timely returns, meet tax compliances and avoid the possibility of hefty fines and penalties being imposed by UAE tax authorities.
Monthly Financial Statement
Get a clear view of the financial health of your organization with monthly financial statements prepared by professional accountants or certified public accountants.
Accounts Receivable Management
Manage your outstanding invoices, improve chances of getting paid within a reasonable timeframe and accelerate your cash flows with the efficient internal system.
Accounts Payable Management
Build a robust and organized accounts payable process to make payments efficiently, cost-effectively and accurately, thus lowering the cost of operations of your business.
Reconciliations
Reconcile and match all your balances to eliminate the chances of irregularity in accounts and avoid any discrepancy between the stated balance and the actual balance held.
Cash Flow, Budgeting and Forecasting
Understand your cash flows and prepare budget forecasts with ease and accuracy based on our data-backed projections and analysis.
Accounting Services
- Records, Bookkeeping and Cash Reporting systems implemented
- Maintenance of Monthly Books
- Monthly Reports of Financial Statements
- Bank and Ledgers Reconciliation
- MIS Reporting (Yearly)
- ESR Review
- Internal Audit and Review
AED 499/-
Price Table
- AED 500/- month from 1 to 100 transactions
- AED 1050/- month from 101 to 400 transactions
- AED 1400/- month from 401 to 700 transactions
- AED 2000/- month from 701 to 1500 transactions
- AED 3000/- month from 1501 to 3000 transactions
We are the 1st choice of businesses for accounting and bookkeeping services in UAE. Here’s why!
Cost Savings Up To 50%
Reduce up to 50% of your operation costs and save huge costs on hiring and training in-house employees. We offer cost-effective online accounting and bookkeeping services that start at as low as US $10 per hour.
Skilled Team
We have a dedicated and skilled team of certified professionals who have in-depth knowledge and understanding of how bookkeeping works in different industries in the UAE. We have a time-tested and proven track record of over a decade for being one of the best bookkeeping and accounting firms in the UAE.
Quick Turnaround
We ensure quick turnaround time and hassle-free operations. 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.
Robust Infrastructure
With a world-class infrastructural setup and productive resources, we ensure uninterrupted and timely services to our clients. We have a highly advanced infrastructure to support every latest technology that comes in the field of accounting.
Security and Privacy
Meru Accounting is an ISO 9001:2015 & ISO 27001:2013 certified company. We strictly follow all the safety and security norms to protect the confidentiality and secrecy of our client’s critical data.
Real-Time Access
Because of cloud-based accounting, you get access to your real-time bookkeeping and accounting records, financial data and reports anytime and from anywhere. Your numbers always remain at your fingertips.
Flexible Engagement Model
You can anytime scale up or scale down our services as per your requirements. You can hire us on an affordable hourly rate basis or a fixed-fee arrangement based on your number of transactions per month, company size, number of employees and revenue.
Quality Service
We maintain high quality standards in everything we do. Our primary motto is to deliver quality services to our clients and within the given time frame. This sets us apart from our competitors.
Cloud AddOns Expertise
Cloud AddOns Expertise
Hubdoc
With Hubdoc, you can automatically import all your financial documents & export them into data you can use.
Gusto
Gusto offers fully integrated online payroll services includes HR, benefits, and everything you need for business.
Spotlight Reporting
Attractive performance reports quickly and efficiently. Ideal for organizations that need deeper insight and analysis.
Receipt Bank
Receipt Bank converts those annoying bits of paper – receipts and invoices – into Xero data!
AutoEntry
AutoEntry captures, analyses and posts invoices, receipts and statements into your accounting solution.
Shopify
Connect Shopify and Xero to effectively manage your online sales, inventory and accounting requirements.
Accounting and Bookkeeping for the online/ e-commerce in UAE
In a country renowned for its amazing skyscrapers and rich lifestyle, e-commerce has seamlessly integrated itself into the daily lives of UAE residents. From fashion and electronics to groceries and home decor, the people of the UAE have wholeheartedly embraced the convenience and accessibility of online shopping. Whether you are a local shopper or an international shopper in pursuit of distinctive offerings from this vibrant market, the world of e-commerce in the UAE promises a shopping experience like no other.
With a boom in the digital landscape and a multitude of platforms competing for attention, it becomes important for businesses to maintain an integrated approach to their operations. Using technology expanded the e-commerce industry of UAE to new heights. With the significant growth, there is a surge in the number of transactions too. Hence, it becomes necessary to maintain the financial records of e-commerce businesses in the UAE for sustainable growth.
The Current Scenario of Online Shopping in the UAE
The UAE’s online shopping industry has been growing rapidly, with about a 25% yearly growth. This growth is because many people use the internet, the population understands technology well, and they like the convenience of online shopping. UAE residents have readily adopted online shopping. In this digital era, online shopping and e-commerce have become an integral part of the UAE’s retail landscape. With its growing population, high internet penetration rate, and tech-savvy consumers, the UAE presents a profitable market for businesses looking to tap into the world of e-commerce.
From fashion and beauty to electronics and groceries, various industries are experiencing rapid growth in online sales. The convenience of shopping from home coupled with secure payment methods has made e-commerce a preferred choice for many consumers in the UAE. When it comes to choosing e-commerce platforms in the UAE, several options cater specifically to local businesses. From well-established platforms like Souq (now Amazon.ae) and Namshi to emerging players like Noon and Awok, there is no shortage of choices for both buyers and sellers alike.
Core Aspects of the online/E-commerce in UAE
Online and e-commerce platforms have become an integral part of the business landscape in the UAE. With the rise of digital technology, more and more businesses are moving into online selling to reach a wider audience and boost their sales. In this fast-paced world of e-commerce, businesses need to understand the core aspects that make up this growing industry.
User-friendly platform:
Having a user-friendly platform is crucial for any online or e-commerce business in the UAE. Customers should be able to navigate through the website easily, find products effortlessly, and have a smooth checkout process. A well-designed platform not only enhances customer experience but also increases conversion rates.
Product selection:
Product selection plays a vital role in attracting customers to an online store. Offering a wide range of products that cater to different needs and preferences will help businesses capture a larger market share. Additionally, regularly updating product inventory ensures that customers always have access to new and trending items.
Security:
Having secure payment gateways is essential for building trust with customers. Online shoppers want assurance that their personal information will remain confidential during transactions. Implementing robust security measures safeguards sensitive data from potential cyber threats.
Logistics management:
Effective logistics management is key when it comes to delivering products promptly and efficiently across different regions in the UAE. Seamless coordination between suppliers, warehouses, couriers, and delivery personnel ensures timely deliveries that meet customer expectations.
Accounting and Bookkeeping:
Considering the growth of e-commerce business in UAE, the number of transactions taking place in this industry is very high. Hence, recording them carefully becomes very important.
Marketing:
For any online or e-commerce business, it is important to implement marketing strategies adapted specifically for reaching target audiences effectively on various digital channels such as social media platforms or search engines. This helps drive traffic to websites leading potentially interested buyers directly toward your offerings.
How does eCommerce business accounting differ from general accounting?
We help you integrate your online website with accounting software, which helps in the smooth import of data into online platforms to the accounting system.
We specialize in working on various online business platforms like eBay and Amazon.
When using a payment gateway like Paypal, Eway, Stripe, trans First, Square N, we pay, etc.;
We help you ensure that you receive timely payment.
Meru Accounting has vast experience when it comes to maintaining accounts for leading online companies and start-ups.
We use software like the Shopping cart to help you create a platform for your online business and carry out further business operations. These kinds of software handle your sales, bank transactions, paid and unpaid orders, and even customers.
Online businesses are involved in huge traffic and online transactions, as there is no fixed time for a customer’s visit. Therefore, we use software that ensures a high level of security of your online transactions which is also helpful while importing the data to your accounting software.
We, at Meru Accounting, manage accounting payables and receivables with the help of various add-ons. These add-ons help us track and receive & pay the due amount. So, you need not worry about getting into the cash-flow trap.
We help you switch from your regular traditional accounting software to some of the leading software like Xero and Quickbooks and ensure that all your data is synced properly.
Why do we need accounting and bookkeeping for online/ e-commerce in UAE?
Accounting for E-commerce – We help our clients to run their online business smoothly. We specialize in many online platforms and payment getaways, which benefit our clients to boost their profitability.
Analyzing items that are highly profitable can help you focus more on which items to sell, which ultimately boosts overall profitability.
Maintaining records:
Accounting helps to keep track of financial transactions. With multiple sales channels and payment gateways, it can be challenging to stay on top of income and expenses. By maintaining accurate records, businesses can analyze their cash flow, identify trends, and make informed decisions.
Compliance with laws:
Bookkeeping ensures compliance with local laws and regulations. In the UAE, there are specific tax requirements for online sellers and e-commerce businesses. Failing to meet these obligations can result in penalties or legal issues. Proper bookkeeping practices help maintain transparency while managing taxes efficiently.
Assess profitability:
Accounting offers valuable perspectives into a business's financial well-being. It allows entrepreneurs to assess profitability by tracking costs associated with marketing efforts or inventory management.
Data analytics:
Understanding data provided by accounting and bookkeeping enables strategic planning for growth opportunities or identifying areas that require improvement.
Moreover, having well-organized financial statements is beneficial when seeking funding or attracting potential investors. Demonstrating sound accounting practices instills confidence in stakeholders about the business’s stability and prospects.
Efficient accounting systems streamline operations by automating repetitive tasks like invoicing or adjusting transactions across different platforms. This saves time that could be better utilized for core business activities like developing marketing strategies for improving customer experience. Accounting and bookkeeping are essential pillars for any online/e-commerce venture in the UAE
Benefits of accounting and bookkeeping for e-commerce businesses in the UAE
Financial Health Assessment:
- Regular accounting and bookkeeping offer a clear view of the e-commerce business's financial health.
- Tracking income, expenses, and cash flow allows for informed decisions on pricing, inventory management, and budget allocation.
Compliance with Local Laws:
- Proper accounting practices ensure compliance with specific tax obligations in the UAE.
- Organized financial records help meet these obligations accurately and punctually.
Profitability Monitoring:
- Well-managed accounts enable the monitoring of profitability.
- Analysis of revenue streams and cost structures through regular financial reporting identifies areas for improvement and potential risks.
Informed Decision-Making:
- Accurate accounting supports informed decisions on scaling operations or seeking investor funding.
- Investors often require detailed financial statements during their due diligence process.
Accounting and bookkeeping provide e-commerce businesses in the UAE with essential tools for understanding their finances accurately, complying with legal requirements, and facilitating growth and success in a competitive marketplace.
Meru Accounting's Accounting and Bookkeeping services for online/ e-commerce in UAE
Meru Accounting is a leading accounting and bookkeeping service provider in the UAE, specializing in catering to the needs of online and e-commerce businesses. With expertise and experience in this field, Meru Accounting offers tailored solutions that meet the unique requirements of these digital platforms.
Accuracy: One of the key aspects of Meru Accounting’s services for online and e-commerce businesses is accurate financial record-keeping. We understand the importance of maintaining precise records when it comes to tracking sales, expenses, inventory, and cash flow. By ensuring that all financial transactions are properly recorded and organized, Meru Accounting helps businesses stay on top of their finances.
Financial reporting: In addition to record-keeping, Meru Accounting also provides regular financial reporting services. This includes generating income statements, balance sheets, cash flow statements, and other reports that give business owners insights into their company’s performance. These reports can be invaluable for making informed business decisions based on real-time financial data.
Tax compliance support: As an online or e-commerce business in the UAE, it’s crucial to navigate through complex tax regulations effectively. The team at Meru Accounting keeps up-to-date with local tax laws and ensures that businesses remain compliant while maximizing available deductions.
Time-saving: Meru Accounting understands that time is valuable for online entrepreneurs. Our experts help automate many processes including invoicing, payment processing, and payroll management. This allows business owners to focus on growing their enterprises, rather than getting stuck down in administrative tasks.
With such professional assistance, businesses can thrive, scale up, and reach new heights within the competitive world of E-commerce. Overall, the specialized accounting service offered by Meru Accounting professionals plays a critical role in streamlining operations, enabling growth-oriented strategies, and ensuring long-term success for online and e-commerce businesses in the UAE.
Conclusion
In the fast-paced world of UAE’s online business landscape, accounting and bookkeeping are essential. With proper record-keeping, you can ensure proper decision-making and sustainable growth of your e-commerce business. Meru Accounting, with its specialization in cloud-based accounting, helps businesses in managing finances, optimize inventory, and adhere to tax regulations.
Outsourcing accounting to a specialized firm like Meru Accounting enables strategic growth and enhances customer experience. With the availability of seamless payment methods, the number of transactions taking place in the e-commerce industry of the UAE has surged. As an e-commerce business owner in the UAE, having a specialized firm like Meru Accounting by your side can bring a lot of benefits like managing finances, optimizing inventory, and adhering to tax regulations.
Hiring Virtual Accountant With Meru Accounting
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.
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
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.
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.
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.
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.
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.
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.
To book for trial, call us on our numbers or Please fill out the form here.
Our Work Information
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.
For information visit our work methodology page.
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.
We can provide to you once we move ahead in our interview.
We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.
Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.
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.
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.
BAS is generally required to be filed quarterly by various businesses.
Individual Business Owners
Yes, Owner of the business can prepare sign and lodge the tax return on his own. Its not mandatory that the Tax return needs to be signed by an EA or CPA.
No , its not mandatory that it should be prepared by only CPA or EA. It can be prepared by anyone who has PTIN.
We have Enrolled Agent who has the Authority to sign the documents for our clients after completing the through professional check.
Meru Accounting has its operational centre in India and hence the prices are quite less as compared to US based CPA’s and Enrolled Agents.
Meru Accounting has a team of Tax experts. Each Tax expert prepares around 300-400 Tax returns every year for various CPA’s in United States and Individual Businesses like yours. Due to this vast Experience and Robust Quality Check processes in place we can ensure you about correct Tax planning for your firm.
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Real Estate Industry
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Physicians Doctors Physiotherapist Dentist
Pharma
Online/ ECommerce
Nonprofit Organizations
Franchise Business
Amazon Sellers
Rental Business
Mining Industry
Manufacturing Industry
Information Technology & SAAS Based Companies
Age Care/ Health Care/ Spa & Saloons
Logistics, Transportation & Trucking
Travel, Tourism & Entertainment Industry
Trading /Brokers
Power & Infrastructure
Wholsale & Retail Industry
Gems & Jewelry Retailer & Exporter
Education
Brick & Mortar Industry
Professional Training Business
Consultancy Business
Aerospace Industry
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CONTACT US FOR ANY QUESTIONS
Our office address
Global Production Team (India)
902, Shivalik Tower, Nr. Panchvati Cross Roads, Ahmedabad, Gujarat 380009,India
