Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Property sector and Real estate business
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 Real Estate Industry in the UAE
Core Aspects of the Real Estate Industry in UAE
Diverse Market Dynamics:
The real estate market in the UAE includes many different types of properties, like homes, offices, and factories. This variety is affected by things like tourism, money from other countries, and what the government decides.
Stringent Regulatory Frameworks:
The UAE has established strict regulatory frameworks governing real estate transactions. These include regulations related to property registration, tenancy laws, and taxation.
Foreign Investment Hub:
The UAE actively encourages foreign investment in real estate, making it a hotspot for international buyers and investors. Favorable tax policies and ownership regulations attract global investors.
Iconic Project Development:
The construction and development of iconic projects like the Burj Khalifa, Palm Jumeirah, and Dubai Marina have placed the UAE on the global real estate map. These landmarks draw both local and international investors seeking prestigious properties.
Fluctuating Property Prices:
Property prices in the UAE have experienced significant fluctuations due to factors such as market trends, supply and demand dynamics, government regulations, and global economic conditions.
Foreign Investment Management:
The increase in money from other countries needs very careful money management. People who are good at accounting play an important part in dealing with the complications of deals that go across borders, all while following the laws of the UAE.
Sustainability Initiatives:
Taking care of the environment has become more important in the UAE's real estate industry. Builders are now using methods that are kind to the environment in their projects to make sure they don't harm it.
Why do we need accounting and bookkeeping for the Real Estate Industry in UAE?
Financial Transparency:
Accurate financial records are essential for any business, including those in the real estate sector. Accounting ensures that all financial transactions are properly recorded, providing an overview of expenses, income, assets, and liabilities. This information helps businesses make informed decisions regarding investments, pricing strategies, and budgeting.
Compliance:
The UAE has strict financial reporting requirements for businesses and not following these rules can lead to penalties and legal problems. Proper accounting practices ensure compliance with local tax laws and regulations, protecting real estate businesses from legal issues.
Taxation:
Effective tax planning is crucial in the real estate sector. Accounting professionals can help businesses minimize tax liabilities while staying compliant with the UAE's tax laws. This not only reduces tax burdens but also ensures that businesses benefit from available tax incentives.
Risk Management:
Investing in real estate has some built-in dangers, like when prices go up and down and unexpected costs pop up. Doing the money paperwork the right way helps companies see and handle these dangers well. When they keep a close eye on what they spend and what they earn, real estate businesses can use facts and figures to make smart choices and protect their investments.
Decision Making:
Accurate financial data provides real estate businesses with the insights needed to make informed decisions. Whether it's acquiring new properties, setting rental rates, or managing cash flow, having access to reliable financial information is crucial for strategic planning and growth.
Transparency to Stakeholders:
In the competitive world of real estate, businesses often seek external financing or investment. Accurate accounting enables companies to demonstrate transparency to stakeholders such as investors or lenders. Clear financial records instill confidence in potential partners, facilitating financing for projects and capital injection into the company.
Monitoring Financial Performance:
Proper accounting practices help companies evaluate their financial performance. Through reports like profit and loss statements and balance sheets, businesses can assess their profitability, identify areas for improvement, and make adjustments to their financial strategies.
How Real Estate Accounting Services Help Business?
Streamlined Accounting Processes
Outsourcing bookkeeping and accounting services ensures that your books of accounts are well managed. Besides, it also ensures that your accounting processes are well-defined and streamlined to attain maximum efficiency.
Measure Business Performance
Correctly and regularly recording the transactions will help you drive the future performance of the company. Up-to-date and accurate books help your business to access the level of revenue generation and profits earned. It allows you to know where you stand presently and where you will stand in the future.
Eliminates Errors
Outsourcing accounting services can drastically reduce the chances of errors in your accounting and bookkeeping. The reason is that outsourced services are provided by experts from the field of finance and accounting who have the required experience and skills in the field.
Minimizes Risks
Being an expert, your outsourced partner can help you assess the current practices and procedures of your business and identify the loopholes if any. They would also assist in providing steps to reduce the inherent risks.
Subject Knowledge and Expertise
A professional expert always remains up-to-date with the latest amendments taking place in the existing laws, rules, policies, and standards. They all are specialized in their respective fields. They would bring the latest and advanced technology and suggest updates in any new accounting and real estate bookkeeping software that would help your business.
Real Estate Payroll Service
- Calculation of various expenses related to employees (Travel, Accommodation)
- Communication and coordination with the HR department of the client.
- Gross salary calculations considering overtime, incentives, and bonus
- Wage Protection System (WPS) assistance
- Preparation and submission of payslips
- Issuance of salary transfer letters to the bank
- End of the service settlement calculations
Meru Accounting's Accounting and Bookkeeping services for the Real Estate Industry in UAE
Meru Accounting understands the unique needs of the real estate industry in the UAE and offers tailored accounting and bookkeeping services to meet those needs. With our expertise and experience in this sector, we provide comprehensive financial solutions that help real estate businesses thrive.
Real Estate Accounting and Bookkeeping Service
- Acquisition and construction of the real estate
- Leasing and subleasing of real estate
- Management of real estate
- Sale or demolition of real estate
- Manage your overall accounting
- Manage your day-to-day bookkeeping
- Cash flow management
- Preparing management reports
- Preparing financial statements
- Implementation of accounting and CRM Software
- Assisting in tax planning
- Assisting in tax return submitting
- Local tax issues
- Complex tax structures
- Accurate property valuations
- Assist in property acquisition or disposal
- Payroll management
- Accounts receivable and accounts payable management
- VAT consultancy services
Conclusion
We can see that the real-estate industry in the UAE is significantly growing. Accounting and bookkeeping are crucial for the success of businesses in that industry. Good financial management not only keeps businesses following the rules but also helps them do well by making smart choices, managing risks, and attracting investors. Meru Accounting offers specialized services that are a great help for real estate companies aiming for financial success in this busy market. Accounting and bookkeeping are really important in the UAE’s real estate business because it’s always changing and growing. Businesses need to keep good records and follow the rules.
When they use experts like Meru Accounting, they can manage finance better, keep track of what they earn and spend, manage their cash, and make good investment choices. With Meru Accounting, real estate companies can focus on what they do best and let the experts handle their money. Whether you’re a developer, investor, or property manager in the UAE’s lively real estate market, don’t forget how important good accounting is. Contact us now to get professional accounting, bookkeeping and payroll services in the UAE. Our experts will get in touch with you to solve your queries.
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