Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Marketing and advertising agencies
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 Advertising Industry in UAE
Core Aspects of the Advertising Industry in UAE
Diverse Customers:
The UAE has a multicultural society, attracting businesses from across the globe. Advertising agencies cater to a diverse range of clients, necessitating comprehensive financial management to meet varying needs.
Creative Endeavors:
Creativity is at the heart of advertising. Agencies need to allocate resources wisely to maintain innovation and quality while adhering to budgetary constraints.
Competition and Growth:
The UAE's advertising sector is highly competitive, with agencies constantly seeking growth opportunities. Effective financial management is crucial for seizing these chances without compromising stability.
Regulatory Landscape:
The UAE has stringent financial regulations and tax laws. To prevent penalties and legal complications, adherence to these regulations is crucial.
How can accounting and bookkeeping help the Advertising Industry in the UAE?
Budget Planning:
Accurate financial records aid in developing realistic budgets for advertising campaigns, ensuring that funds are allocated optimally. This is particularly crucial in an industry where creativity and innovation are key, as it enables agencies to strike the right balance between creativity and financial judgment.
Cash Flow Management:
By monitoring cash flow, agencies can anticipate financial gaps and take proactive measures to maintain liquidity. In a dynamic industry like advertising, where cash flow can fluctuate due to project-based income, effective cash flow management ensures that operations run smoothly and that there are no disruptions due to financial shortages.
Profitability Analysis:
Through detailed financial reports, agencies can assess the profitability of different projects, clients, or service lines and make adjustments accordingly. This data-driven approach allows agencies to focus resources on campaigns or strategies that deliver the highest returns on investment, optimizing profitability.
Risk Mitigation:
Identifying financial risks early enables agencies to mitigate potential issues before they escalate. Proactive risk management safeguards the agency's financial stability, preventing financial crises that could harm its reputation and operations.
Track income and expenses:
Accounting helps track income and expenses associated with various marketing platforms used by advertisers in the UAE. This includes digital advertising on social media platforms like Facebook or Instagram, as well as traditional channels such as TV or print media.
Maintaining records:
Bookkeeping ensures that all financial transactions are recorded correctly. From invoices sent to clients to payments made to suppliers or freelancers hired for creative work, every transaction needs proper documentation.
Requirements of Accounting and Bookkeeping in the Advertising and Marketing Industry
Payroll:
Advertising agencies should be able to produce the easiest, affordable, and the best payroll that would include the salary of all employees. Accounting also helps advertising agencies with bonuses and specific compensation plans for their employees, some of which are complicated.
Payables Management:
Payables Management shows advertising agencies how to set up and run the payables function, including many tips for operational improvements like the money that the client owes to the agency.
Liabilities Management:
Managing both general and media liabilities by allowing a balanced growth of managing money accepted from clients and funds secured from other institutions is what makes up liability management. It also involves hedging against the changes in interest rates and controlling the gap between the maturities of assets and liabilities.
Trial balance preparation:
We can characterize a trial balance as a casual bookkeeping calendar that rundowns the record account adjustment at a point in time in contrast to the aggregate of charge adjustment and an aggregate of the credit balance. So, to put it, in the wake of presenting every budgetary exchange in the bookkeeping diaries or accounting journal, and condensing them in the general record, we set a trial to adjust to confirm that the charges meet the credits on the diagram of records.
Preparing Financial Statements:
Advertising offices must deliver asset reports, income explanations, wage appointments, and proprietors’ value proclamations. Monetary proclamations do not just enable a publicizing organization to track its particular budgetary execution. Yet, they additionally guarantee consistency with government directions and expense codes.
Revenue and Assets:
Advertising agencies draw their income from an assortment of sources, which they must represent in yearly budgetary explanations. Therefore, it ought to incorporate publicizing office income delivery from all the promotion efforts and media deals to customers.
Benefits of accounting and bookkeeping for the Advertising Industry in UAE
Financial Stability:
Maintaining financial records helps agencies manage economic fluctuations and unexpected challenges. In an industry as dynamic as advertising, having a solid financial foundation provides stability and resilience in the face of market volatility.
Enhanced Decision-Making:
Data-driven insights enable better-informed decisions, leading to more successful campaigns and business strategies. By analyzing financial data, agencies can identify which marketing strategies are most effective and adjust their approach accordingly, ensuring better returns on investment.
Improved Efficiency:
Streamlined financial processes save time and reduce the risk of errors, enhancing operational efficiency. In the fast-paced world of advertising, efficiency is most important, as it allows agencies to focus their resources on creative endeavors rather than administrative tasks.
Long-Term Growth:
Solid financial management sets the foundation for sustainable growth and expansion opportunities. By accurately tracking finances and adhering to budgetary constraints, agencies can invest in initiatives that drive long-term success and seize growth opportunities in the UAE's competitive advertising market.
Meru Accounting's Accounting and Bookkeeping services for the Advertising Industry in the UAE
At Meru Accounting, we understand the unique needs and challenges of the Advertising Industry in the UAE. With our expertise in accounting and bookkeeping, we offer tailored services that cater specifically to advertising agencies, marketing platforms, and other related businesses. Our team of experienced professionals is well-versed in the difficulty of financial management within the advertising industry. We can help you effectively track your revenue streams, manage expenses, and ensure compliance with local tax laws and regulations.
Compliance Assurance:
We ensure your agency remains compliant with UAE financial regulations and tax laws. The UAE's regulatory landscape can be complex, but with our expertise, you can navigate it confidently, avoiding penalties and legal issues.
Customized Solutions:
Our team develops customized financial strategies to align with your agency's unique goals and challenges. We understand that every advertising agency is different, and our solutions are tailored to your specific needs.
Advanced Reporting:
We provide detailed financial reports, giving you the insights needed to make strategic decisions. With real-time reporting, you can have a clear view of your agency's financial health at any given time, enabling you to make informed business decisions based on accurate data.
Cost Optimization:
Our services help you identify cost-saving opportunities without compromising creativity and quality. We understand the delicate balance between cost management and delivering exceptional campaigns, and we'll help you strike that balance effectively.
Conclusion
In the dynamic UAE advertising industry, accounting and bookkeeping are necessary tools offering financial clarity and strategic insights. These practices ensure that advertising agencies effectively allocate resources, navigate complex tax regulations, and make informed decisions in a competitive market. Meru Accounting, with its specialized services tailored for the advertising sector, helps agencies maintain financial stability and position themselves for sustainable growth.
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.
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