Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Software Development and IT 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
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 IT Sector in UAE
Core Aspects of the IT Sector in UAE
Innovation and Technological Advancements:
At the heart of the UAE's IT sector lies a relentless focus on innovation. The country has proactively embraced emerging technologies such as artificial intelligence, blockchain, and cloud computing. This emphasis on innovation has not only propelled the sector's growth but has also invited global tech giants to establish a presence in the region, increasing job opportunities for skilled professionals.
Economic Diversification:
Traditionally reliant on oil revenues, the UAE government recognizes the necessity to reduce its dependence on this finite resource. To achieve this, the development of a robust IT sector has been prioritized. Beyond providing employment opportunities, the IT sector catalyzes entrepreneurial activities and nurtures local talent.
Cybersecurity Vigilance:
In an era of rapid technological evolution, cybersecurity stands as a critical consideration for businesses operating within the UAE's IT sector. As technology progresses, so do cyber threats. Protecting sensitive data from cyber-attacks requires constant vigilance and significant investments in robust security measures.
Collaboration and Partnerships:
Collaboration between various stakeholders is fundamental to the growth of the IT sector in the UAE. Public-private partnerships facilitate knowledge-sharing, research, and development initiatives that contribute not only to local technological advancements but also have a global impact.
Bookkeeping and Tax Returns for the IT sector
What is the difference between regular bookkeeping and bookkeeping for IT?
Why is accounting and bookkeeping important for IT companies?
Financial viability of the project:
It is important to ensure the proper financial viability of the project to get more profits. At Meru Accounting, we give a proper financial analysis for each of the clients. It can help to make a proper valuation and cash flow of the project to better success. Making most of the important decisions becomes easier with the proper analysis.
Calculation of the depreciation:
With the new advanced technology always emerging, the depreciation in the IT infrastructure is inevitable. Our software can help to get the proper value of the investments in the software and systems.
Proper receivables management:
An IT firm gets income from different clients with various other modes. We can provide various quick and easy payment methods for serving this purpose. We use payment gateways like Eway, PayPal, Stripe, Square N, etc.
Sales and corporate tax:
Like other industries, the IT industry also has to pay the proper taxes. Proper sales and corporate tax payments are essential for any business. At Meru Accounting, we can help you to make the proper sales and corporate tax payments.
Financial Anticipation:
Analyzing the profits and the accounts is essential for any business. We provide accurate financial analysis for the IT companies which can help to get the proper insight. Making the financial decision can be easier for the business to ensure proper business growth.
Benefits of accounting and bookkeeping for the IT Sector in UAE
Accurate Financial Records:
Proper accounting and bookkeeping ensure that IT companies maintain accurate financial records. In an industry where numerous transactions occur daily, the significance of having clear and precise financial records cannot be overstated. This transparency allows businesses to carefully track their income, expenses, and profits, providing a solid foundation for financial decision-making.
Efficient Resource Allocation:
Effective accounting practices, including budgeting, enable IT businesses to allocate resources efficiently. With a well-structured budget in place, companies can manage their cash flow effectively, ensuring they have the necessary funds for investments, expansions, and other strategic initiatives.
Enhanced Tax Compliance:
The UAE's business environment is highly regulated, including stringent tax regulations. Accurate record-keeping facilitated by robust accounting systems helps IT companies navigate these regulations with ease. By diligently tracking revenues and expenditures throughout the year and conducting regular reconciliations, companies can prepare their annual tax returns without undue stress or errors, avoiding legal issues and financial penalties.
Credibility and Trust:
Reliable financial information enhances the credibility of IT companies among key stakeholders, including clients, investors, and banks. This is especially vital for startups striving to establish themselves in a competitive industry like technology services. Trustworthiness and financial transparency go a long way in securing valuable partnerships and attracting investments.
How can Meru Accounting help?
Some of the specific services include:
- Reconciling the bank accounts.
- Managing the receipts and the invoices.
- Proper management of the timesheet and the payroll.
- Making the proper financial statements.
Bookkeeping for the IT Sector:
Meru Accounting is one of the best accounting and bookkeeping companies serving different countries around the world. We have proficient and experienced people who can manage the bookkeeping and accounting aspects of your IT Company. We integrate the software properly into the existing system to give faster services with accuracy. Our cloud-based software can ensure security and cost-effective services for our clients. At Meru Accounting, we provide bookkeeping and accounting services to give the proper support to our clients. We are dedicated to giving consistent accuracy in the accounting service we provide.
VAT Compliance:
The UAE's regulatory environment is ever-evolving, and VAT compliance is a cornerstone of financial responsibility. Meru Accounting ensures that IT companies adhere to VAT regulations, eliminating the risk of penalties and ensuring precise and timely reporting.
Expense Tracking:
For IT companies, managing expenses is a multifaceted challenge. Our experts assist in tracking expenses meticulously, ensuring that every financial transaction is accurately recorded.
Comprehensive Bookkeeping:
Our bookkeeping services go beyond the basics. We maintain accurate financial records, reconcile bank statements, generate insightful financial reports, and assist with critical functions such as budgeting and forecasting.
The booming IT industry of the UAE contributes a lot to the economy of the country. Accounting and bookkeeping practices are essential for the growth and success of this industry. The industry’s rapid growth and intricacies necessitate meticulous financial management. Meru Accounting, with specialized services tailored to IT, offers precise record-keeping, timely financial reporting, tax compliance, and more. Their expertise empowers companies to focus on innovation while ensuring financial transparency.
Accounting isn’t just for compliance—it’s a cornerstone of organizational triumph. In the competitive UAE IT landscape, Meru Accounting‘s support is invaluable. Invest in professional accounting and bookkeeping to fortify your IT firm’s financial future. Trust Meru Accounting as your dedicated partner, propelling your business toward enduring success in the UAE’s ever-evolving IT world. Contact Meru Accounting today and get the best accounting and bookkeeping service for your IT 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
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