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 Educational and Academic Institutions
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.
Accounting and bookkeeping for the Education Sector in the UK
In the education sector, bookkeeping serves as the foundation for sound financial management. Educational institutions, including schools, colleges, and universities, handle various financial transactions such as tuition fees, government funding, payroll, and purchasing supplies and equipment. Effective bookkeeping ensures the accurate recording, organization, and tracking of these transactions, providing a clear picture of the institution’s financial health and enabling the proper allocation of resources.
Accurate bookkeeping and accounting services provided by Meru Accounting are indispensable for the education sector. Educational institutions must comply with financial regulations, maintain transparency, and provide detailed reports to stakeholders. Meru Accounting ensures adherence to accounting standards, tracks budgets, and monitors cash flow, enabling efficient resource allocation and identification of cost-saving opportunities. Their reliable financial data empowers informed decision-making, supporting the institution’s educational mission and demonstrating financial accountability to government bodies, funding agencies, and governing boards. With Meru Accounting’s expertise, educational institutions can focus on delivering quality education while upholding financial integrity.
Role of Accounting and Bookkeeping in the UK Education Sector
In the UK education sector, accounting and bookkeeping play a vital role in ensuring financial transparency and accountability. Educational institutions, ranging from schools to universities, are required to adhere to specific accounting regulations set by regulatory bodies such as the Education Funding Agency (EFA) and the Charity Commission. These requirements aim to promote efficient financial management practices while safeguarding public funds and charitable donations. From budget planning to expenditure tracking, educational establishments must maintain accurate records of income and expenses throughout each fiscal year. This involves careful monitoring of government funding allocations, tuition fees, grants, sponsorships, and donations received.
Additionally, comprehensive bookkeeping is necessary for recording payroll transactions related to faculty salaries or support staff wages. Moreover, academic institutions must diligently manage fixed assets like buildings or equipment through depreciation calculations that reflect their usage over time accurately. Adhering to these accounting principles within the education sector in the UK context ensures effective resource allocation towards student welfare programs or infrastructure development while fostering trust among stakeholders including students’ parents and governing bodies alike.
Key performance indicators in the Education business which need to be tracked
UK Tax regime and Accounting service for the UK Education sector
There are several factors and issues in running education establishments, especially Academy Schools. They need to deal with numerous issues that are independent of Local Authority regulation. As a non-profit making organization, various charitable obligations must adhere to and satisfy the requirements of the Department of Education. We take our experience as one of the best outsourcing accounting and tax experts in India to assist the evolving education sector of the UK. We understand well the UK tax regime for the education sector to lend our expertise.
UK Tax regime and Accounting service for the UK Education sector
- Tax advice for the academy and individual staff service.
- Bookkeeping and accounting services.
- Management Accounting and advice on Financial Reporting.
- Payroll services and PAYE
- Receivables Management.
- Cloud-based accounting solution.
- VAT returns.
- CIS returns.
- Budgeting and Forecasting
- Xero Consultant.
- Taxation for Non-Profits
VAT Preparation
Our professional experts are specialists in VAT handling for all Academies and multi-academy trusts. We help them to meet their VAT obligations and reclaim the eligible VAT return. We assist you in the registration of VAT, partial exemption issues, ongoing compliance, and treatment of grants.
Our Tax Assistance Includes:
- VAT form 126
- VAT quarterly returns
- Corporation Tax Form (CT600)
- Academies Accounts return
Accounts Preparation
Our professional experts are specialists in VAT handling for all Academies and multi-academy trusts. We help them to meet their VAT obligations and reclaim the eligible VAT return. We assist you in the registration of VAT, partial exemption issues, ongoing compliance, and treatment of grants.
Why choose Meru Accounting for tax service?
There are several compelling reasons to choose Meru Accounting for tax services:
- Expertise and Experience: Meru Accounting has a team of highly skilled and experienced tax professionals who are well-versed in tax laws and regulations. They stay up-to-date with the latest changes in tax codes, ensuring accurate and compliant tax preparation and filing.
- Tailored Solutions: Meru Accounting understands that each client's tax situation is unique. They offer personalized tax solutions tailored to individual or business needs, maximizing deductions and credits while minimizing tax liabilities.
- Comprehensive Services: Meru Accounting provides a wide range of tax services, including tax planning, preparation, and filing for individuals and businesses. Their comprehensive approach ensures all tax-related needs are taken care of efficiently.
- Timely and Efficient: With Meru Accounting, clients can expect timely and efficient tax services. They prioritize meeting deadlines for tax filing, avoiding penalties, and ensuring clients have peace of mind during tax season.
- Audit Support: In the unfortunate event of a tax audit, Meru Accounting provides valuable support and representation. Their expertise helps clients navigate through the audit process with confidence.
- Technology Integration: Meru Accounting utilizes modern accounting software and technology, streamlining the tax preparation process and ensuring accuracy in calculations.
- Cost-Effective: Choosing Meru Accounting for tax services can be cost-effective in the long run. Their expertise may help clients identify additional deductions and credits, potentially leading to tax savings.
- Client-Focused Approach: Meru Accounting prioritizes strong client relationships, providing excellent customer service, and being responsive to clients' inquiries and concerns.
Overall, Meru Accounting’s proficiency, personalized approach, and commitment to meeting clients’ tax needs make them a reliable and preferred choice for tax services, providing peace of mind and financial security to individuals and businesses alike.
Conclusion
In the realm of bookkeeping and accounting services, Meru Accounting recognizes the critical role of financial management in the education sector in the UK. As a provider of comprehensive financial solutions, Meru Accounting understands the unique financial challenges faced by educational institutions and the importance of accurate bookkeeping practices. With our expertise in bookkeeping and accounting, we offer specialized services designed especially for the needs of educational institutions in the UK. We understand the regulations and reporting requirements specific to the education sector, ensuring compliance and transparency in financial operations.
Our professional bookkeepers utilize advanced software and technologies to streamline bookkeeping processes, reducing the risk of errors and enhancing efficiency. By outsourcing bookkeeping services to Meru Accounting, educational institutions can focus on their core mission of delivering quality education while entrusting their financial management to experienced professionals. By partnering with Meru Accounting, educational institutions can focus on their core mission while benefiting from streamlined financial processes and expert support. Meru Accounting stands as a trusted partner for educational institutions, enabling them to navigate the financial complexities of the education sector with confidence.
CONTACT US FOR ANY QUESTIONS
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