Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Educational and Academic Institutions
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.
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 Education Industry in UAE
The UAE’s education industry has experienced rapid growth and transformation, driven by a commitment to quality education and a knowledge-based economy. As the sector continues to thrive, effective financial management becomes paramount. Educational institutions in the UAE face diverse challenges, including complex student populations, stringent regulations, and varied revenue sources. They depend on tuition fees and additional income streams to sustain operations and growth. Ensuring financial transparency, compliance, and sustainable growth is where accounting and bookkeeping come into play. These practices provide stakeholders with confidence in institutions’ financial health and ethical standards, facilitating strategic decision-making and budgeting.
Core Aspects of the Education Industry in UAE
Diverse Range of Educational Institutions
The UAE boasts a diverse array of educational institutions, from primary schools to prestigious universities, offering a lot of options for students pursuing their studies. This diversity ensures that individuals can find an institution that aligns with their specific needs and goals.
Emphasis on Academic Excellence
The UAE government places great importance on ensuring high standards of teaching and learning across all educational institutions. This commitment to quality education has resulted in increased international recognition and accreditation for many universities in the country.
Technology Integration
Innovation and technology integration are central to the education industry in the UAE. Institutions invest heavily in state-of-the-art facilities, digital resources, and online learning platforms to enhance student engagement and improve learning outcomes.
Promotion of Cultural Diversity
The UAE's multicultural society provides a unique environment where students from different backgrounds come together, exchange ideas, and learn from one another. This exposure not only enhances students' understanding of different cultures but also prepares them for success in today's interconnected world.
Bookkeeping for Education Institutions
The education industry is very distinct from other industries and requires regular financial attention in the form of accounting and bookkeeping. Education Institutions like schools, colleges, universities, etc. need to constantly monitor their books of accounts and meet regulatory compliances on time.
At Meru Accounting, we understand this and therefore we provide a complete range of bookkeeping, accounting, taxation, and payroll services to educational institutions. We provide proper management of all the aspects related to your business. We have vast experience of how the education industry works and have a proven track record of the same.
The education institutions need a monthly analysis of profits to ensure that the business is sustained in the long run. Therefore, we take care of the bookkeeping for your education business from recording student master to reporting profitability per cost center. We also take care of the bookkeeping business by timely invoicing the students, which ensures that the revenue is perfectly reconciled.
We strive to offer the best and most reliable bookkeeping services to our clients from the education sector by systematically recording the transactions in the books of accounts and organization of the financial transactions in an efficient manner.
To maintain up-to-date records, we use highly advanced accounting software such as QuickBooks, Xero, Net Suite, Quicken, CSA, Peachtree, MYOB, Sage, Creative Solutions’ Ultratax, and Intuit’s Pro Series, among others.
Accounting Services for Education Institutions
Education institutions require constant financial attention to understand their business viability. Therefore, we regularly monitor and update the books of accounts of our clients and provide them with monthly financial statements and reports so that they can assess the profitability of their venture.
Some of the accounting services that we provide to the education sector are as follows:
- Cash flow projection: Our professionals analyze and accurately record all the cash inflows and outflows and work with you to build a cash flow model to predict the future cash positions of your business. Our service helps you understand how decisions today will change the course of your business in the coming months.
- Management Accounts:We help you keep your finger on the pulse of your business. We monitor and assess the impact of any key changes you introduce so that you stay on track in various important business scenarios. We analyze your business and operational costs with the help of efficient preparation of internal financial reports, accounts management, and record-keeping.
- Risk Assessment : We use industry-leading risk assessment models to carefully identify, evaluate, and assess the potential risk factors in the education sector.
- Receivables and Payables Management : We collaborate with multiple entities such as vendors and customers to ensure smooth and streamlined accounts receivable and accounts payable processes. Our resourceful team strives to manage and maintain proper cash flow. We regularly track customer receipts and follow up with them to ensure timely receipts.
Tax Solution for Education Institutions
Our tax team helps you with various tax planning strategies and assist you in saving your tax cost. We aim to save the time you spend on your compliance and reporting obligations. We ensure that all the applicable tax reliefs are properly identified and claimed with maximum benefit. Our dedicated tax professionals also assist in grant compliance, financial reporting, and tax-exempt status.
- VAT Registration and Administration : VAT is a complex area of taxation with many potential pitfalls. Our VAT services are targeted to help you avoid costly mistakes and recover the VAT you are entitled to. Our services not only help you reduce your tax burden and administrative headache but also reduce the complexity of your taxation function. From VAT registration to VAT implementation, preparing VAT-compliant bookkeeping, preparing and filing VAT returns to assisting in VAT recovery, we take care of everything you can think of.
- VAT Consultation and Advisory : We fully understand your day-to-day operations, type, and volume of supplies, VAT inputs and outputs, applicability of reduced rates and exemptions, and record-keeping capacity. This helps us assess how VAT applies to your business and identify any changes that are required in the existing processes and systems.
- Tax Return Preparation:Compiling a tax return can be time-consuming as well as complicated. We help you prepare and file timely and up-to-date tax returns. We do more than just prepare your tax return. With us by your side, you get a partner to help you the whole year through your tax matters.
- Meeting Tax Compliances: It is crucial to file your taxes on time every time. With our tax services, can be at ease knowing that your tax returns are filed on time and without errors.
Benefits of accounting and bookkeeping for the Education Industry in UAE
Long-term Sustainability
Bookkeeping can build reserves for unforeseen circumstances, plan for future expansion, and ensure that they remain financially stable even during economic fluctuations.
Strategic Partnerships
For institutions looking to establish partnerships with other educational entities or organizations, having a solid financial track record supported by accounting data can be a crucial factor in attracting potential partners and investors.
Transparency in Fund Allocation
For institutions receiving government funding or grants, accounting ensures transparency in how these funds are allocated and used. This transparency is critical for maintaining a positive relationship with funding sources and demonstrating responsible stewardship of public or private funds.
Donor and Grant Management
Many educational institutions in the UAE rely on donations and grants for research projects and scholarships. Effective accounting practices help manage these funds transparently, building trust with donors and ensuring funds are allocated as intended.
Payroll Management Services for Education Institutions
Our payroll management service takes care of all your payroll and employee-related needs in one single place. We provide complete payroll management and processing services to our clients in the education sector. We strive to streamline and automate the payroll process so that you attain greater efficiency in the process.
Work with us to save money, stay compliant, and plan your future
Some of the top reasons why our clients love us are:
Vast Experience:
Expertise comes with experience. We have decades of experience in providing accounting, bookkeeping, payroll management, or tax return solutions to government institutes, colleges, universities district schools, etc. Our vast experience helps us provide top-notch services.
Qualified Team:
We have a team of Certified Public Accountants, Character Accountants, Company Secretaries, Lawyers, MBAs, and other accounting professionals who hold professional qualifications in the accounting field.
Affordable Services:
We work with the aim of saving your business both time and money. Our services are extremely affordable as compared to others in the industry. We give assurance of cost savings of up to 60% when compared to in-house accountants and bookkeepers.
Robust Infrastructure:
With a world-class infrastructure setup and productive resources, we ensure uninterrupted and timely services to our clients. We provide remote access to the documents and financial information to ensure you remain well aware of the financial position of your organization.
Accounting Software Expertise:
We are well-trained and experienced in using various cloud-based accounting software such as XERO, MYOB, QuickBooks, etc. We are an XERO-certified silver partner. We can also assist you in automating your accounting and bookkeeping to XERO software.
We believe in delivering quality services to meet client satisfaction. You can connect with us and get a free trial of 6 hours of bookkeeping. Whether you are a small or big education institute, district school, or any other education center looking for accounting, bookkeeping, payroll management, or tax return solutions, Meru Accounting is at your service.
Efficient accounting and bookkeeping practices are integral to the thriving education industry in the UAE. They ensure financial transparency, regulatory compliance, and sustainable growth. By maintaining accurate records of income and expenses, educational institutions can make informed decisions, optimize budgets, and identify areas for improvement. These practices also facilitate the efficient monitoring of student fees and enhance operational efficiency, fostering trust among students and stakeholders. Furthermore, robust financial records are essential for attracting investors and securing funding for expansion projects.
Meru Accounting is committed to delivering the best accounting and bookkeeping services to the education industry. Our industry experts are well-versed in working for different industries around the world. Overall, effective accounting and bookkeeping systems underpin the success and integrity of the education sector in the UAE, providing the necessary financial foundation for institutions to fulfill their mission of providing quality education and contributing to the nation’s knowledge-based economy. Contact Meru Accounting now to boost the financial management of your business.
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
