Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Healthcare professionals and Medical practitioners
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 Physicians/Doctors in the UAE
The UAE’s robust healthcare sector serves its diverse population ensuring the well-being of all. At the heart of this crucial sector are the dedicated physicians and doctors who provide expert medical care. These healthcare professionals are the foundation of the UAE’s healthcare system, delivering important services that keep the nation healthy and strong.
However, like any other industry, doctors in the UAE face various challenges, one of which is managing their finances effectively. While their main focus is on their patient’s health, the financial side of their work is also very important. We will explore some core aspects of the Physicians/Doctors in UAE and understand the importance of accounting and bookkeeping in this industry.
Role of Accounting and Bookkeeping for Physicians/Doctors in UAE
Business Growth:
Beyond compliance and financial management, accounting and bookkeeping services can also play a vital role in the growth and expansion of healthcare practices. By providing financial insights and strategic guidance, these professionals assist physicians and doctors in making informed decisions to expand their services, invest in new equipment, or open additional clinics.
Revenue Management:
Accurate revenue management is essential for the financial sustainability of healthcare practices in the UAE. Accounting professionals help physicians and doctors monitor their income streams, including patient payments, insurance reimbursements, and other revenue sources. This ensures that healthcare providers can maintain a healthy cash flow to support their operations.
Patient Billing:
Managing patient billing, insurance claims, and reimbursement processes accurately is an essential responsibility for physicians in the UAE. Precision in this area ensures a smooth financial workflow and allows practitioners to focus on patient care without disruptions.
Expense Tracking:
Medical practices involve various expenses, from equipment and supplies to staff salaries and rent. Keeping precise records of these expenses is vital for budgeting and financial planning. Accountants and bookkeepers assist physicians and doctors in tracking and categorizing expenses, providing insights into cost management and efficiency.
Medical Records Management:
Maintaining accurate records of patient information is fundamental. This includes carefully tracking medical histories, test results, prescriptions, and treatment plans. These records serve as vital references for future care and are essential for ensuring the continuity of care for patients.
Continuous Professional Development:
Staying updated with the latest advancements in medical research and technology is essential. Continuous professional development is necessary to provide high-quality healthcare services that meet international standards. Physicians must invest time in learning and adopting new practices to enhance patient care.
Why do we need accounting and bookkeeping for the Physicians/Doctors in UAE?
Financial Clarity:
Effective accounting and bookkeeping provide physicians with a financial compass. It allows them to gain a clear understanding of the financial health of their practice, enabling informed decision-making. With a comprehensive view of income and expenses, they can identify areas where cost-cutting is possible or opportunities for strategic growth investments.
Debt Management:
For practices that have taken loans or have outstanding debts, accountants help in developing strategies for efficient debt management, reducing interest costs, and optimizing repayment schedules.
Benchmarking:
Accounting data allows healthcare providers to compare their financial performance with industry benchmarks and competitors. This helps them identify areas where they may need to improve to stay competitive in the healthcare market.
Resource Allocation:
Physicians need to allocate their resources wisely. Whether it's expanding their practice, investing in medical equipment, or hiring additional staff, these decisions are critical. Accurate financial data, derived from careful bookkeeping and accounting, empowers doctors to allocate their resources strategically, promoting growth and enhancing patient care.
Performance Insights:
In-depth financial records offer insights into practice performance. Physicians can evaluate the profitability of different treatments or specialties within their practice. This information helps them identify areas of strength to focus on for growth and development.
Fraud Prevention:
Effective bookkeeping and internal controls can help detect and prevent financial fraud or theft within the practice, safeguarding the practice's financial integrity.
Financial Education for Staff:
Accounting professionals can offer financial training to the practice's staff, ensuring that everyone understands their role in maintaining financial compliance and efficiency.
Outsourcing Efficiency:
The time-saving aspect of outsourcing is invaluable. Most physicians have limited time available due to demanding schedules. Accounting firms like Meru Accounting specialize in providing comprehensive accounting solutions tailored specifically for physicians.
Benefits of accounting and bookkeeping for the Physicians/Doctors in UAE
Financial Stability:
Healthcare practitioners often face economic uncertainties and unexpected expenses. Robust accounting and bookkeeping provide a financial safety net, enabling doctors to maintain stability in their practice, regardless of external economic fluctuations.
Enhanced Patient Care:
Ultimately, sound financial management contributes to the overall quality of patient care. A financially stable practice can invest in the latest medical technologies, training, and staff to provide the best possible healthcare services to patients.
Financial Management:
Accurate financial records help in understanding the actual financial health. Physicians can closely track expenses, manage cash flow effectively, and make informed decisions regarding investments, expansion, or budgeting for various aspects of their practice.
Data Security:
Maintaining financial records securely protects sensitive patient and business information, ensuring compliance with data protection laws and minimizing the risk of data breaches.
Disaster Recovery:
In the event of data loss or financial system failures, having backup financial records and disaster recovery plans in place can save crucial time and resources in restoring financial data.
Expense Tracking:
Detailed accounting categorizes expenses, such as personnel costs, medical supplies, or equipment maintenance, into various cost centers. This information allows for better budgeting and cost control measures, ensuring financial resources are allocated efficiently.
Trustworthiness with Stakeholders:
Accurate financial statements instill trust among stakeholders, including patients, suppliers, and potential investors. In a profession where trust is paramount, transparency in financial matters enhances the credibility and reputation of medical professionals.
Meru Accounting's Accounting and Bookkeeping services for Physicians/Doctors in the UAE
Accounting for Physicians:
It includes financial involvement with the patients in terms of payment received for the services, testing other medical administration, etc. For that, we must maintain the books of accounts in such a manner that they can solidly show the cost, inventories, and profit. By this, we can have an idea about taking the necessary steps to grow in this profession. The first step to managing this is to make sure that the books of accounts are updated properly. Also, all the income from patients, overheads, equipment, medication, labor costs, etc. is recorded in books of accounts. Through this, the other books of accounts can be maintained too. It would also help in preparing books of accounts as per the legal terms and complying with norms.
To make sure that the books of accounts do not consume a lot of time and work simply; We assist in preparing a simple accounting method that integrates your current practice software perfectly with QuickBooks. It makes the process faster for you with no errors. In the long run, it will turn out to be a very beneficial method as it will take less time and you can be more in your profession with no worry of managing your finances.
Conclusion
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.
Construction Industry
Real Estate Industry
Lawyers
Advertising & Marketing Industry
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
Financial Services
Energy
Restaurant & Hotel Business
Professional Services
WE'RE HAPPY TO ANSWER
CONTACT US FOR ANY QUESTIONS
Our office address
Global Production Team (India)
902, Shivalik Tower, Nr. Panchvati Cross Roads, Ahmedabad, Gujarat 380009,India
