Streamline Your Ecommerce Finances with Professional Bookkeeping Services
Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Elderly Care Services and Retirement
Quality Driven Approach
QuickBooks And Xero Certified Experts
50% Reduction In Costs
Part Time / Full Time Resources For
- CPA Firms
- Bookkeeping Firms
- Business Owners & Startup Companies
Hire Remote Team
Bookkeeping software expertise
Our Services
Setting Up Xero/Quickbooks
Fill out our checklist to complete the Setup of your Cloud Software in a day. We provide step by step guidance.
Day To Day Bookkeeping
We will ensure that your books are upto date on the daily/weekly basis so you can stay on top of the Financial position.
Monthly Management Reports
We provide customized reports based upon client requirement. (Sales Perfomance, KPI’s, Overheads reporting, etc)
VAT Returns
We deal with VAT very closely for our clients to ensure that VAT claim is correctly calculated and Submitted Timely.
CIS Returns
Construction Companies enjoy error free and timely submission of CIS returns to HMRC through our services.
Payable Accounting
We track your accounts on a very regular note and also help your business run smoother.
Payroll Setup And Processing
Our procedure will take complete care of your Employee Setup, RTI Filings, Pensions , PAYG Liabilities, P45, P60.
Year End Finalization
We shall provide you complete Financials which can easily be used in preparation and completing Corporate Tax Return.
We provide end to end bookkeeping solutions for CPA’s and bookkeepers in the UK.
Why Are We The 1st Choice Of U.K. Businesses Accounting &
Tax Return Preparation
Reduce 50% in Current Costs
You will see a Cost reduction of at least 40-50% as compared to local Bookkeeper or Accountant.
Self Hosted PMS
Our standardized processes and decent Project Management system helps to communicate with you clearly and efficiently.
Faster Turnaround
We generally reply to every emails same day or within maximum 24 hours.
Starting from
£8
Per Hour Bookkeeping service
Detailed & Regular Work Updates
We send emails that carry all the necessary information you need to carry out business operations.
Monthly Meetings with CPA
We conduct monthly meetings with CPA’s for effective communication and understanding client needs.
Meeting Deadlines
We finish all our work prior to deadlines to prevent any kind of chaos during finalization. .
Detailed Checklists
We prepare a well-defined checklist of all the requirements for you so that you don’t have any confusion.
High Quality of Work
Our Standardized Procedures and Checklists will ensure error free work. .
Why Are We The 1st Choice Of U.K. Businesses Accounting &
Tax Return Preparation
Reduce 50% in Current Costs
You will see a Cost reduction of at least 40-50% as compared to local Bookkeeper or Accountant
Self Hosted PMS
Our standardized processes and decent Project Management system helps to communicate with you clearly and efficiently.
Faster Turnaround
We generally reply to every emails same day or within maximum 24 hours.
Starting from
£8
Per Hour Bookkeeping service
Detailed Emails
We send emails that carry all the necessary information you need to carry out business operations.
Monthly Meetings with CPA
We conduct monthly meetings with CPA’s for effective communication and understanding client needs.
Meeting Deadlines
We finish all our work prior to deadlines to prevent any kind of chaos during finalization.
Detailed Checklists
We prepare a well-defined checklist of all the requirements for you so that you don’t have any confusion.
High Quality of Work
Our Standardized Procedures and Checklists will ensure error free work.
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Cloud AddOns Expertise
Receipt Bank
Receipt Bank converts those annoying bits of paper – receipts and invoices – into Xero data!
Hubdoc
With Hubdoc, you can automatically import all your financial documents & export them into data you can use.
Spotlight Reporting
Attractive performance reports quickly and efficiently. Ideal for organizations that need deeper insight and analysis.
Gusto
Gusto offers fully integrated online payroll services that includes HR, benefits, and everything else you need for your business.
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.
CONTACT US FOR ANY QUESTIONS
U.K. Office
3rd Floor 207 Regent Street,
London, W1B 3HH.
Phone: +44 73 6051 0348
Introduction
At Meru Accounting, we understand the importance of keeping accurate records and managing financial transactions for aged care facilities. As experts in providing specialized accounting services for the aged care industry, we recognize the critical role that bookkeeping and accounting play in ensuring the smooth operation and long-term success of your business. In this article, we will explore the significance of these services, the benefits they offer, and how our software solutions can streamline your financial processes. Join us as we delve into the world of efficient financial management and its contribution to the success of your aged care business.
What Is Bookkeeping and Accounting for Aged Care Businesses In the UK?
At Meru Accounting, we understand the crucial role that bookkeeping and accounting play in the smooth functioning of aged care businesses in the UK. Our expertise in providing specialized accounting services for the aged care industry allows us to ensure accurate reporting and compliance with relevant regulations. With our help, aged care businesses can focus on their core operations while we take care of recording, organizing, and analyzing financial transactions.
When it comes to bookkeeping, our team handles tasks such as recording daily transactions, maintaining ledgers, reconciling bank statements, and managing accounts payable and receivable. By keeping a close eye on income and expenses, we provide our clients with a clear picture of their financial health. This enables them to make informed decisions regarding budgeting, cost control, pricing strategies, and resource allocation.
Our accounting services go beyond bookkeeping as we provide expert analysis of financial data. We prepare comprehensive financial statements such as balance sheets, income statements, and cash flow statements, allowing our clients to assess profitability and identify areas for improvement. We also assist with tax planning and preparation to ensure compliance with HMRC requirements.
Importance of Accounting for Aged Care Businesses in the United Kingdom
- Compliance: Aged care facilities in the United Kingdom are subject to strict financial regulations and reporting standards. Accurate and meticulous accounting practices are essential to meet compliance requirements and avoid potential penalties or legal issues.
- Financial Reporting: Transparent and comprehensive financial reporting is crucial for aged care facilities to demonstrate their financial health to stakeholders, investors, and regulatory authorities. Proper accounting ensures that all financial Reporting is accurately recorded and readily available for reporting purposes.
Meru Accounting Specializes In Elder Care Bookkeeping Services
Elder Care Bookkeeping Services – Meru Accounting has a deep and qualitative understanding of the aged care business and its nitty-gritty. We help our clients manage cash flows and costs to make their business viable and also in knowing the financial position of their business.
- At Meru Accounting, we have a deep understanding of the aged care business and the business nuances of the aged care business.
- We assist in managing receivables ensuring that cash receipts are perfectly managed for business.
- We also advise on the best software that you can use for your aged care business.
- Also, we help you in integrating the operational software with your accounting system so you can have efficient reporting using both the systems.
We help you track the costs by various cost centres helping you know profits by
- Profits by Individuals build from businesses
- Costs in Facilities across Different Locations
- Type of Packages Provided to Individuals
Since the age care business is a distinct business, its accounting and bookkeeping too are apparently different. We understand the complexities it faces from recording the data until finishing the year-end final reports. So, we at Meru Accounting assist your aged care business with:
- Providing bookkeeping services on a day-to-day basis so that we do not miss a single transaction.
- Assisting you in converting your traditional accounting software to Xero, which increases accounting efficiency and helps you in better management of your books of accounts.
- Better payroll management with us.
- We help you with payables management and in tracking the due date for making payments and making payments on your behalf so that your terms with the creditors are always good.
- We track and record every invoice, receipts, records and bank transactions and ensure that nothing is missed.
Outsourcing Bookkeeping Services for Aged Care Business In UK:
For larger aged care facilities with the resources to support an in-house finance team, hiring an in-house bookkeeper or accountant can be a viable option. Our team of skilled professionals can provide comprehensive training and ongoing support to ensure accurate financial management within your organization.
Outsourcing bookkeeping and accounting services to Meru Accounting offers numerous advantages. Our team specializes in aged care accounting and is well-versed in industry-specific regulations and requirements. With our expertise, you can have peace of mind knowing that your financial tasks are being handled by professionals who understand the intricacies of your industry.
Cloud-based accounting software has also become a popular choice for aged care businesses. As part of our services, we can provide access to cutting-edge software that enables real-time tracking of financial data, seamless collaboration between different departments, and streamlined reporting processes. This technology empowers you to make informed decisions based on accurate and up-to-date information.
By entrusting your bookkeeping and accounting to Meru Accounting, you can ensure accurate record-keeping and financial management while freeing up valuable time to focus on providing quality care services to your residents.
Let us be your trusted partner in ensuring the financial success and stability of your aged care business.
How Meru Accounting can help in Bookkeeping and accounting services in aged care businesses?
- Expertise in Aged Care Accounting: We have extensive knowledge and expertise in aged care accounting. Ensuring accurate financial management and compliance with industry standards, our team understands the financial complexities and regulations specific to the industry.
- Comprehensive Financial Reporting: We generate comprehensive financial reports, including balance sheets, income statements, and cash flow statements. These reports provide a clear overview of your facility's financial position, helping you assess financial health, measure performance, and make informed strategic decisions.
- Budget Planning and Cost Management: We provide assistance in budget planning, cost tracking, and analysis. Our services enable you to optimize your budgets, control costs, and make data-driven decisions to improve financial efficiency.
- Payroll Management: We handle payroll processing, including staff wages, deductions, and compliance with payroll tax regulations. By entrusting your payroll management to us, you can ensure accurate and timely payments to your employees while relieving your business of the administrative burden associated with payroll management.
- Compliance with Regulatory Requirements: The aged care industry has specific financial reporting and compliance standards. We ensure that your business remains compliant with these requirements, such as reporting on funding and subsidies, payroll compliance, and tax obligations, minimizing the risk of penalties or legal issues.
- Technology Integration: We leverage advanced accounting software that seamlessly integrates with other business applications. This integration streamlines your financial processes, improves accuracy, and provides real-time access to key financial information for better decision-making.
- Collaboration with CPAs: We collaborate with Certified Public Accountants (CPAs), providing them with accurate financial data for tax preparation, financial statements, and strategic advice tailored to aged care businesses. This collaboration ensures seamless coordination between our accounting services and overall financial management.
Conclusion
We understand the unique challenges faced by aged care businesses in the competitive and ever-evolving UK industry. Our specialized expertise in aged care accounting allows us to provide valuable bookkeeping and accounting services tailored to meet your specific needs.
Outsourcing your bookkeeping and accounting tasks to us can bring numerous benefits. We offer accurate and efficient financial management, saving you time, resources, and reducing the risk of errors. Our services ensure compliance with tax regulations and provide you with valuable insights into your financial performance, empowering you to make informed decisions and drive the growth of your 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, CIS, CT 600 Tax return, Companies house Tax return, Confirmation Statement, Payroll RTI return submissions which gives your onstop solution for all.
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.
Our Office Address
UK Office
3rd Floor 207 Regent Street, London, W1B 3HH.
Global Production Team (India)
902, Shivalik Tower, Nr. Panchvati Cross Roads, Ahmedabad, Gujarat 380009, India
Our Office Address
UK Office
3rd Floor 207 Regent Street, London, W1B 3HH.
Global Production Team (India)
2nd, 3rd ,4th and 5th floor, Shanti Annexe, above Morima, opp. B.d.patel House, Sardar Patel Colony, Sundar Nagar, Naranpura, Ahmedabad, Gujarat 380006
