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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 Manufacturing and Production Companies

Quality Driven Approach

QuickBooks And Xero Certified Experts

50% Reduction In Costs

Part Time / Full Time Resources For

Starting from £ 300 for 40 hours monthsStarting from £ 1100 for 160 hours months

Hire Remote Team

100 +
HAPPY CLIENTS
1100 +
COMPLETED PROJECTS
250 k+
HOURS OF EXPERIENCE
20 +
SOFTWARE USED
We Serve Across UK

Bookkeeping software expertise

Our excellent software capabilities allow you to get the advantage of the latest bookkeeping software available in the market. Some of the bookkeeping software that we use are QuickBooks, Net Suite, Quicken, CSA, Peachtree, MYOB, Sage, Creative Solutions’ Ultra-Tax and Intuit’s Pro Series. We specialize in all of these modern cloud accounting tools.

Our Services

We are a group of professionals who offer accounting and bookkeeping services to our clientele across the UK. We offer standard as well as tailored accounting and bookkeeping solutions based on the specific requirements of our clients, ensuring them the best results with 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.

Bookkeeping For Accountant

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

Focus on growing your business with our cloud-based accounting and bookkeeping solutions. Our cloud-based accounting services eliminate the need for time-consuming paperwork and data entry, allowing you to streamline your business. With cloud accounting, you get to access your financial data anytime and anywhere.

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.

Introduction

Bookkeeping and accounting specifically tailored for manufacturing industries. From understanding various accounting methods utilized in this sector to address the challenges faced by manufacturers in maintaining accurate financial records, we’ll unveil it all.
Meru Accounting, a leading CPA firm offers comprehensive outsourced bookkeeping and accounting solutions to CPAs and small to medium-sized businesses. Discover how Meru Accounting’s expertise can assist IT industries in efficiently managing their bookkeeping and accounting needs. Meru Accounting serves as a trusted partner in ensuring financial success. Whether you’re a seasoned industry veteran seeking insights or a curious reader eager to learn more, this article will provide valuable information on how bookkeeping and accounting can shape the financial landscape of the IT industry. Let’s unravel this finance secret and unlock the potential for seamless financial management within the dynamic world of IT manufacturing.

Accounting For Manufacturing Company – The Manufacturing Industry Isn’t Like Any Different Business

Retailers offer stock and administration organizations offer their opportunity, yet just these manufacturing industries make new items from scratch. This is one of the principal reasons bookkeeping or in easy words accounting is critical in manufacturing industries. Manufacturing organizations need to represent their crude materials and preparing costs. Yet, they additionally need to work out the estimation of the completed things they make.

Accounting for Manufacturing Businesses deals with inventory valuation and the cost of goods sold. In summary, accounting for manufacturing businesses is much more detailed for a business that maintains no inventory.

Accounting for Patterns–A company can record this workload by accounting the amount of inventory on hand, encouraging suppliers to own some on-site inventory, employing supplier drop shipping, and on the other hand, accounting does also reduce the overall level of investment in manufacturing industries.

The Accounting Required In The Manufacturing Industry Are As Follows:

The Challenges Faced By The Manufacturing Industry In Bookkeeping In the UK

The Importance Of Accuracy In Bookkeeping And Accounting In the Manufacturing Industry In the UK

Accurate bookkeeping and accounting are crucial for the smooth running of any business, and this holds for the manufacturing industry in the UK. Accuracy is even more important in this sector due to its complex nature.

One major reason why accuracy is paramount in manufacturing industries accounts is inventory management. Manufacturers deal with large quantities of raw materials, work-in-progress, and finished goods. Accurate tracking of these items ensures that costs are properly allocated and helps prevent overstocking or shortages. Furthermore, precise financial records enable manufacturers to analyze their costs effectively. By accurately recording expenses such as labor, overheads, and material usage, businesses can identify areas where they may be overspending or opportunities for cost-saving measures.

In addition to managing finances efficiently, accurate bookkeeping also plays a significant role in complying with legal obligations. Manufacturers must adhere to various regulations related to taxation, reporting standards, and environmental compliance. Failing to maintain accurate records may lead to penalties or legal issues. Moreover, correct bookkeeping is necessary for managing business relationships. Manufacturing companies often rely on suppliers and customers for materials and sales, respectively. Accurate financial records help them build trust with stakeholders and maintain long-term relationships.

Finally, accurate financial statements are essential for obtaining loans or investments from banks or other financial institutions. Accurate bookkeeping allows the lender to view a company’s financial position to make informed decisions about granting funds. All in all, accurate bookkeeping is essential for the successful running of any manufacturing business. By implementing robust systems and leveraging professional expertise, you can ensure accurate record-keeping while driving profitability in your business.

How Relevant Is Outsourcing Accounting In Manufacturing Industry In The UK?

Advantages of outsourcing accounting services for the manufacturing industry in the UK:

How Meru Accounting Helps The Manufacturing Industry In The UK?

Meru Accounting offers specialized accounting services designed to support businesses. Here are some ways in which Meru Accounting helps the manufacturing industry in the UK:

Conclusion

In conclusion, accurate bookkeeping and accounting are indispensable for the success of manufacturing industries in the UK. The complexities involved in managing finances, inventory, production costs, and sales require a tailored accounting system that addresses industry-specific needs. Meru Accounting, a trusted CPA firm specializing in outsourced bookkeeping and accounting solutions, can provide invaluable support to manufacturing companies. By partnering with Meru Accounting, manufacturers can benefit from our expertise in handling financial matters within the industry. The challenges associated with tracking raw material costs, labor expenses, equipment depreciation, and overheads can be effectively managed with their assistance. Outsourcing accounting services to Meru Accounting allows businesses to focus on their core competencies while entrusting the complex task of bookkeeping and accounting to professionals who understand the intricacies of the manufacturing industry. Moreover, offshore outsourcing offered by Meru Accounting presents an additional advantage for manufacturing companies. It enables access to a skilled talent pool of accountants who provide services at competitive rates without compromising on quality. This cost-effective approach can significantly contribute to the financial stability and growth of manufacturing businesses.
WE’RE HAPPY TO ANSWER

CONTACT US FOR ANY QUESTIONS

    U.K. Office

    3rd Floor 207 Regent Street,
    London, W1B 3HH.
    Phone: +44 73 6051 0348

    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. 1. Cost-saving
    2. 2. Access to skilled and experienced professionals
    3. 3. Better management of books of accounts
    4. 4. Decreased chances of errors
    5. 5. Improve business efficiency
    6. 6. De-burdens in-office employee’s dependency
    7. 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.

     
    What Our Clients Say

    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

    Our Young and Dedicated Team

    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

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