Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Extraction Industry and Mining 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 Mining Business in the UAE
Core Aspects of the Mining Business in UAE
Exploration and Extraction:
Key to the mining industry is the identification and efficient extraction of mineral deposits. Geological surveys, drilling, blasting, and the utilization of heavy machinery are essential components of this process.
Resource Management:
Given the substantial investments involved in mining, prudent resource management is critical. This involves optimizing the use of equipment, infrastructure, and manpower to minimize costs and maximize productivity.
Health and Safety:
Ensuring the well-being of workers is most important in mining. Stringent safety protocols and regular inspections are necessary to mitigate the risks associated with mining operations.
Regulations and Compliance:
The UAE's mining sector operates within a framework of strict regulations aimed at environmental protection and resource sustainability. Obtaining permits, licenses, and compliance with waste disposal, land reclamation, and water usage regulations are essential.
Logistics Management:
Smooth operations rely on efficient transportation systems to move raw materials from mines to processing plants or export terminals.
Market Analysis:
Understanding market trends is vital for informed decision-making regarding production levels and pricing strategies. This insight allows mine operators to respond to the demands of both local and international markets effectively.
Why do we need accounting and bookkeeping for the Mining Business in UAE?
Financial Transparency:
Mining operations require substantial investments in machinery, technology, and skilled manpower. Transparent financial records are important, enabling government authorities, investors, and partners to comprehend how resources are allocated and utilized.
Compliance:
The UAE's mining sector operates within a web of complex regulations. Accurate financial records are the pillar of compliance, ensuring that businesses adhere to all legal requirements, thereby preventing potential penalties and disputes that could hinder operations.
Resource Distribution:
Efficient accounting practices empower mining companies to carefully track their resource consumption. This, in turn, enables them to optimize operations and reduce waste, thereby contributing significantly to sustainability efforts and the responsible use of resources.
Investor Confidence:
Detailed financial statements and records enhance investor confidence, attracting potential investors and facilitating capital raising for expansion and development. Robust accounting provides a clear view of the company's financial health and its capacity to deliver returns on investment.
Profitability Analysis:
Accurate accounting records offer a clear picture of profitability within the mining industry. By scrutinizing costs versus revenues on various projects or mine sites, management can gain vital insights into which ventures yield optimal returns. This data informs strategic decisions about future investments and resource allocation.
Cash Flow Management:
Effective accounting practices enable companies to manage cash flow efficiently. By tracking income from sales contracts or government royalties and managing expenses related to labor wages or equipment maintenance, mining businesses can maintain financial stability.
Tax Planning Optimization:
Proper accounting practices facilitate tax planning optimization by accurately recording deductions, thus reducing taxable income while ensuring compliance with UAE tax legislation. This minimizes potential penalties during audits and aids in due diligence processes when securing funding opportunities.
Accounting for Mining Companies
We at Meru Accounting provide a thorough analysis of books of accounts to know the viability of the Mining business as well as to know the profit. The mining industry has a vivacious opportunity if the investment is made carefully.
The mining life cycle can be broken down mainly into the following stages:
- Exploration
- Evaluation Process
- Development Phase
- Production
- Closure and Rehabilitation Stage
Meru Accounting's Accounting and Bookkeeping services for the Mining Business in UAE
Profitability Reports: We provide monthly profitability reports by a mine which helps the investor to track the expenses on the development of the mine.
Calculating Depreciation: We help in deciding depreciation on mines scientifically to help find the exact cost of the materials excavated from the mine.
Financial Record Maintenance
At Meru Accounting, we excel in maintaining accurate and up-to-date financial records. Our precise approach ensures strict compliance with local regulations and international accounting standards, safeguarding your business against legal complexities.
Tax Planning
Our team of experts specializes in crafting tax strategies that minimize liabilities while maximizing benefits for mining businesses. We understand the nuances of tax obligations in the mining sector, helping you optimize your financial position.
Audit Support
Meru Accounting offers comprehensive audit support, simplifying the auditing process and upholding transparency. Our assistance ensures that your financial records are audit-ready, allowing for smooth, stress-free audits.
Financial Analysis
We provide in-depth financial analysis services, offering you valuable insights that facilitate data-driven decision-making. By monitoring cash flows and key performance indicators, we help identify areas for improvement, potential risks, and opportunities for maximizing profitability.
With Meru Accounting’s specialized expertise in accounting and bookkeeping for the mining business in the UAE, you can be assured that your financial records are not only accurate and up-to-date but also fully compliant with local regulations. Contact us today to discover how our services can support the success and sustainability of your mining business.
Conclusion
Meru Accounting, a specialist in serving the mining sector, offers tailored accounting and bookkeeping services that bound accurate financial record-keeping, tax optimization, audit support, and in-depth financial analysis. Efficient accounting and bookkeeping are vital for streamlining financial processes, informed decision-making, compliance, and profitability. Partnering with Meru Accounting allows mining companies to receive expertise and customized solutions, freeing them to focus on their mining work.
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