Tax returns Starting at AED 499 Per month for
Business owners
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.
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.
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.
Are your customers not paying in a timely fashion?
Is that affecting your cash flow, and it costs you bad debts? Then, the solution of these is to have systematic payment plans from the customer. Meru accounting provides Receivable management services in U.S.. A record receivable management merges tied in with guaranteeing that clients pay their solicitations or invoices. Great receivables management specifically adds to an organization’s benefit since it lessens terrible debts.
The organization likewise has a superior income and higher accessible liquidity for speculations or acquisitions. Besides, great receivables management boosts an organization’s professional image.
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Reducing the total balance outstanding (DSO)
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Preventing any bad debt in receivables outstanding
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Determining the customer's credit rating in advance
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Frequently scanning and monitoring customers for credit risks
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Maintaining customer relations
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Detecting late payments in due time
Meru Accounting's plan for accounts receivable management
With the Receivable management services in India by Meru accounting, you can be assured of your cash flows at timely intervals. We do a regular follow up for receivables through email as well as through phone call. We can also use a specific email ID created for your domain ([email protected]) from which we can do email marketing for your organization.
Clear policies for credit approval.
Set clear policies for credit approval which could include bank reference, trade reference, financial statement, and so forth.
Send invoices for customers timely.
It might appear to be self-evident, but if money is to be gathered, at that point, the client must be invoiced. Therefore, it is basic that the receipt is conveyed rapidly and precisely. So, the receipt of your invoice sent is the main sign that an organization gets the productivity of your debt collection system.
Accounting for receivables.
Two key methods of speeding up cash collection from accounts receivable are by using factoring and also early settlement discounts, which, thus, helps in easy tracking the payment from customers.
Tracking of overdue payments.
So, you can easily track the payments from the customers that are overdue. We also do a regular follow up for receivables through email or a phone call.
Making aged Payables report.
This shows the amounts outstanding from each customer and also for how long they have been outstanding. This will, thus, show any breaches of the credit terms.
Stay organized by Automation with Online billing tools.
Automating receivables management allows you to link all the systems. This, then, improves workflow efficiency. It also provides a better insight into generating cash flow and customer reports.
Purpose of Receivables Management
For a business, receivables management stands to be the core part as it helps in maintaining the soundness of cash flow. Receivables management does not only mean getting paid on time from the clients or customers, but it also aids in building great relations with them and empower the goodwill of a company. Here are some purposes for which generally a business undertakes receivables management.
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It’s a requirement
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Receivables management ensures the financial viability of a business and also ensures the cash flow comes in regularly. Thus, it’s a core requirement of any business.
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Getting paid on time
Every business has the daily requirements of finance like, to run daily chores properly, to pay bills, to pay employees, etc. So, the question is if the business itself won’t get paid from its clients than how would it pay the requirements? Then, here the receivables management comes into the picture to secure financial needs.
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Reduces working capital needs
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Generally, a business has to make a provision to fulfill the day to day working capital needs. But, this provision can cut if there is timely payment received from the clients. So, to ensure this, receivables management is a must.
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Happy customers
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Receivables management sets a proper system for billing and also getting the payment timely, which is inevitable. It also ensures that this process goes hassle-free. Thus, it makes sure that customers go through a very smooth operation of payment resulting in happy customers. That, of course, eventually means more business!
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Managing relations with customers
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Usually, issues with customers come at the time of billing or invoicing, and mainly it is caused by some misunderstanding. But, if a business has a receivable management team separately, such possibilities get eliminated, and good relations with customers can be established and managed efficiently.
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Setting a brand that focuses on process
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Receivables management also helps in establishing a systematic process for receiving payments from customers, which ensures smoothness in the process. Thus, it turns a business into a brand that speaks with its integrity and values.
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Lending to customers having better credit ratings
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Receivables management deals with analyzing clients and their credit soundness. Thus, it helps a business while coming into contact. It also helps in setting the lending agreement, as many a time a company lends some products or goods on a credit basis. Hence, receivables management can save a business from entering into such doubtful contacts.
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Reducing outstanding balance
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A separate receivables management team looks after receiving timely payments from clients and reducing the risk exposure of the business from a defaulting. As a result, the inflow of amount remains regular, which eventually reduces the outstanding balance occurred because of payments due to be received.
Reducing bad debts
As receivables management takes care of receiving payments from clients on a regular and pre-decided basis, it reduces the risk of bad debts and, therefore, saves financial soundness of a business.
So, that’s how if a business opts for receivables management, it can have many benefits and can also focus on its core business with no worry of receiving pending cheques from clients.
Check out our Blog on – Why account receivable management is necessary for businesses?
Our office address
Global Production Team (India)
902, Shivalik Tower,
Nr. Panchvati Cross Roads, Ahmedabad,
Gujarat 380009,India
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