Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Travel Planners and Tourism Industry
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 Travel and Tourism in the UAE
Core Aspects of the Travel and Tourism in UAE
Iconic Landmarks:
Architectural marvels offer breathtaking views and unique cultural experiences, making them must-visit attractions for travelers seeking adventure and wonder.
Luxury Experiences:
From shopping in high-end malls to dining at world-class restaurants and indulging in opulent spa treatments, the UAE provides the epitome of luxury and refinement for discerning travelers.
Business and Events:
The facilities and infrastructure in these cities attract professionals and delegates from around the world, contributing significantly to the tourism sector's growth.
Diverse Culture:
From those interested in exploring the country's rich history and traditions to those seeking modern and futuristic experiences, the UAE offers a unique blend of old-world charm and contemporary sophistication.
Natural Beauty:
Beyond the cities, the UAE features natural wonders like deserts, mountains, and pristine beaches, making it an attractive destination for nature enthusiasts.
Bookkeeping for Tour Operators – Multiple Accounts Bookkeeping
The uniqueness of the industry:
The travel and Tourism industry is unique as compared to the other industries. It has a different course of work and that too changes with the season. A travel firm takes their clients on a trip to various places based on clients’ requirements but considering the season at that place. In addition to that, the budget is also an important aspect we need to take care of. Thus, we know and understand how unique this industry is and provide accounting solutions based on it.
Integration of online business:
Bookkeeping for Tour Operators – Industries around the globe are changing at a fast pace, and so the firms in the travel and tourism industry. Most of the firms have provided services online through their websites. We at Meru Accounting facilitate a smooth integration of your online website with an array of accounting software that increases the efficiency and ease of importing data in the accounting sheets of the software.
Tracking of inventory and receivables:
Travel and tourism firms have linkages with different clients across the world. The firms also have to keep a good association with different institutions like hotels, transportation agencies, food suppliers, or restaurants, so they can give their clients a good experience. To help the travel industry manage their inventory and payments because of reception, our professional team carries out the tracking of inventory and account receivables to prevent any disruption in the services.
Timely financial services:
The travel and Tourism industry works at a rapid pace. Thus it’s essential to know the nitty-gritty of the financial position of the firm. We at Meru Accounting promise to deliver timely financial services so you can focus on the key parameters of your business and increase profits.
Travel planning and business strategies:
The competition in this industry is cutthroat. So, we give our clients a good view of their financial viability regularly helping them plan their trips and develop business strategies to grow and prosper.
Travel service providers:
Home-based or Independent Contractors –
They are generally handled by a single or few people with no official place. They will have an agency registered in any non-working official place too. Here, very few people travel through their contacts.
Niche or Specialty–
This agency provides a tour of a particular sector only. They make the tour package here for a specific group of travelers, or they have one specific place for the tourists to travel.
Corporate only–
The corporate tour is a particular tour agency that is offered to only the corporate companies. These tour agencies have an excellent idea regarding arranging tours for different companies.
Franchise –
A franchise is one of the standard ways of doing business. Here, the entity that runs the businesses uses the name of an established brand along with their scheme for the travelers.
Types of Travel businesses:
Travel booking Agents:
Travel booking agents make all the arrangements for the journeys. They usually book all the transportation tickets for travelers.
Travel service providers:
The travel service providers look after all the things in traveling. They arrange the facilities for staying, traveling to different places, eating, and other essential stuff for traveling.
Bus Service providers:
The bus service providers provide the buses for traveling to that desired place. As per the capacity of the passengers and the requirement, the bus arrangement occurs.
Things to take care of in travel business accounting:
Revenue recognition:
When the travel agency makes the actual traveling for the travelers, they have to make the revenue tracking in a very proper way. The revenue earned through the customers who are adequately bifurcated to make sure that the appropriate management of the income is done.
Expenses:
Properly managing the costs is an essential factor to keep track of the outflow of the capital. The charges are mainly incurred in activities like booking transportation tickets; the cost involved in the eating items, the individual facilities given to the travelers through external sources, and many other expenses for the clients.
Benefits of accounting and bookkeeping for Travel and Tourism in UAE
Financial Stability:
Accurate financial records help companies anticipate and prepare for these fluctuations, ensuring that they have the necessary resources to operate efficiently year-round.
Compliance:
In a dynamic industry like the UAE's tourism, staying up-to-date with tax requirements is essential to avoid potential setbacks and maintain a positive reputation.
Business Growth:
With a solid financial foundation, companies can seize growth opportunities, whether it's expanding their services, entering new markets, or investing in innovative experiences for tourists
Enhanced Efficiency:
Efficient accounting and bookkeeping enable businesses to allocate their resources effectively, ensuring that both customers and employees have a seamless experience.
Competitive Advantage:
With access to accurate financial data and insights, companies can respond swiftly to market changes, adjust pricing strategies, and identify unique selling points that set them apart from competitors.
Meru Accounting Reports for Travel Businesses
Here are some reports provided by Meru Accounting for your travel business:
Cash flow forecast:
Whenever actual traveling happens for the travelers, a lot of expense starts. Here, it is essential to keep proper track of all the entities where the costs are made. It helps the travel agencies to make an appropriate Cash flow forecast. Organizations need to do a detailed analysis of the cash flow. It becomes easier for travel agencies to make accurate Cash Flow Forecast.
Budgeting and analysis of deviation:
Every travel agency desires to have a proper budgeting analysis to estimate the cost, expense, and revenue. The accounting service here can provide better Budgeting and analysis of deviation.
Use of Xero for Travel business
Class Tracking:
Travel agencies have different travel packages for their customers. The class tracking facility provided by Xero enables us to track all the travel packages in a very proper way.
Two Bank Accounts:
We set up two Bank accounts for the travel business. One is the client’s trust account, where we make all the travel expenses and income. The other is the general travel business account, where all the business-related information for the travel agency is kept standard. This system helps the travel business to track all the financial transactions accurately along with the profitability. Bookkeeping for Tour Operators
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
