Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Real Estate Development Business and Construction Companies
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 Construction Industry in UAE
Core Aspects of the Construction Industry in UAE
Rapid Growth:
The UAE has consistently invested in ambitious construction projects, including iconic skyscrapers, world-class airports, and sprawling residential developments. This rapid growth fuels economic expansion, creates jobs, and drives innovation within the industry.
Innovation and Technology:
One core aspect of the construction industry in the UAE is its focus on innovation and modern technologies. The use of advanced equipment, sustainable materials, and new techniques ensures efficient project management and delivery. This emphasis on innovation has led to impressive architectural designs and iconic structures that have put the UAE on the global map.
Collaboration:
Collaboration is another vital aspect. Builders, architects, engineers, contractors, and suppliers all play crucial roles in ensuring successful project completion within budget and timelines. Effective communication channels are established to facilitate coordination among these parties, facilitating a smooth workflow throughout different stages of construction.
Regulatory Compliance:
Compliance with regulations is essential in this industry. Strict adherence to safety standards ensures worker welfare, while adherence to environmental regulations helps minimize ecological impact during project execution. Government bodies, such as Dubai Municipality, have implemented stringent rules governing building codes, which must be followed by all developers.
Land Availability:
Land availability also significantly shapes the construction industry landscape in the UAE. Large-scale reclamation projects across various emirates, like Dubai and Abu Dhabi, along with ongoing urban development initiatives, provide abundant opportunities for builders and investors alike. This availability of land fuels further growth and development in the sector.
Why do we need accounting and bookkeeping for the Construction Industry in the UAE?
Compliance:
The UAE has stringent financial reporting requirements, and proper accounting ensures that construction companies adhere to these regulations, avoiding penalties and legal issues.
Budgeting and Cost Control:
In a capital-intensive industry like construction, tracking expenses and budgets is vital. Accounting helps in managing project costs, optimizing resource allocation, and ensuring projects remain financially viable.
Transparency:
Transparent financial records build trust among stakeholders, including investors, clients, and regulatory authorities. This trust is crucial for securing financing and winning contracts.
Tax Efficiency:
Tax laws in the UAE are evolving, and accurate accounting helps construction companies optimize their tax positions, reducing their financial burden. This ensures that businesses can operate efficiently and minimize their tax liabilities, ultimately contributing to their bottom line.
Risk Management:
Construction projects are inherently risky. Accounting and financial analysis can identify potential risks early, allowing companies to take proactive measures to mitigate them. This risk management aspect is vital for safeguarding both the financial health of the company and the successful completion of projects.
Xero's Accounting for the Construction industry differs from that in other industries
Xero Accounting for Construction –
A normal industry follows stereotypical accounting methods and they work for them. But, for the construction industry, the scenario is vividly different.
In a construction business, the method of accounting counts revenue on the base of the profit estimation and what percentage of the project is completed. This method is the Percentage of completion method. So overall accounting for a construction business is quite complex and unique. This is so because it has to accurately track all the expenses, costs, and income for all the job sites.
How does construction accounting differ from general accounting?
- Categorization of sales: Unlike the regular business, the construction business stands for a wide range of selling products like engineering, coasting, labor, designs, service provided, etc.
- Expense calculation: In a typical business, the expenses are mostly pre-decided or can be predicted, but in the construction business, this is never the case. The classification of the goods sold is separately accounted for in the construction business.
- Knowing the break-even point: The break-even point can be achieved by the balancing relation of income and expenses, but in the construction business, it’s very complex as there are already too many categories of items that make it hard to comprehend.
How can Meru Accounting help you with that?
We at Meru Accounting have specialization in accounting for the construction industry, house flipping business, and turnkey project accounting. We understand the different requirements that a construction business needs.
Xero Addon for Construction Industry: Workflow Max Benefits
- We can have separate projects in Workflow max.
- We can have various tasks in that.
- In each task, we can assign the Cost and Profit.
- We can assign tasks to each of the team members.
- It automatically creates invoices in a single click.
- We can convert the cost of WIP into the Sales Invoice automatically.
- We can have the Budgeted flow automatically from Xero.
- It can automatically convert purchase orders to a bill in Xero instead of Duplicate Data entry.
- We can assign margins in the form of the cost.
- We can easily track profits for individual projects with Workflow Max.
- Workflow Max enables having the tracking of profits for separate projects.
- You will have all the project’s performance on your Dashboard of Workflow max.
At Meru Accounting, we track, manage, report, and categorize our client’s costs and expenses. This ultimately helps our clients to know which project to opt for, and which bid can be turnout profitable. They also get to know how to manage the billing procedures and how to use resources to get the maximum return on investments.
Meru Accounting understands the special needs of the UAE’s construction business and offers customized accounting and bookkeeping services. From managing costs to following the rules, our expertise ensures well-organized records that are ready for audits. Don’t let complicated financial matters slow you down in this thriving field. Contact Meru Accounting today for reliable and professional assistance that will advance your business. Keeping your finances accurate is the key to your future success in this industry.
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
