Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Starting At AU $ 100 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
- Bookkeeping Firms
- Business Owners & Startup Companies
Starting from AUD 700 for 40 hours months
Starting from AUD 2100 for 160 hours months
Hire Remote Team
Bookkeeping software expertise
saasu
intuit QuickBooks
netsuite
wave
Freshbooks
odoo
Xero Gold Partner
zoho books
simply accounting by sage
yendo
Our Services
We are a group of professionals who offer accounting and bookkeeping services to our clientele across the AU. 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.
Year End Finalisation
We shall provide you complete Financials which can easily be used in preparation and completing Corporate Tax Return.
Payroll Setup and Processing
This covers filing your Payroll through Single Touch Payroll system, TFN Declaration, Superannuation Return filing, Installment Activity Statement filing & PAYG Calculations.
GST in Australia
We shall reconcile your GST input Credit account and Output liability account.
Monthly Management Reports
We provide customized reports based upon client requirement. (Sales Perfomance, KPI’s, Overheads reporting, etc)
Bookkeeping for CPA's
We provide end to end bookkeeping solutions for CPA’s and bookkeepers in the AU.
BAS Returns
We deal with BAS very closely for our clients to ensure that GST claim is correctly calculated and Submitted Timely.
Annual Company Tax Return
We shall do your Individual & company Tax filing through your ATO login.
Why are we the 1st choice of AU Businesses for 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
US $10 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. .
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 that includes HR, benefits, and everything else you need for your 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.
In general terms, backlog means a pile of work that is yet to be done. In our day to day life, too, we have a lot of backlogs. Some can be the outcomes of our procrastination, and some can have genuine reasons like lack of time behind it. But whether it is business or about life, backlogs can have some severe consequences sometimes.
When a business somehow fails in maintaining books of accounting on a day to day basis or if the concept of keeping books of accounting has not even been initiated due to any reason; Backlog Accounting occurs. Accounting gives a clearer view of a business’s financial position. Thus, keeping the accounting books updated is really important for all kinds of companies from Smaller and Medium Enterprises (SMEs) to start-ups to giant behemoths; accounting is an essential and unavoidable part. In short, Backlog Accounting is done when Accounting is not done!
Why does Backlog Accounting happen?
These are the reasons that lead to Backlog Accounting.
- Business consumed in development: Sometimes, a business is highly consumed in developing its products or branches that it lacks in distributing times for oth ressential routines like accounting.
- When a business does not know the value of accounting: This can also be the reason that a business owner thinks that accounting is not that essential part of the business to be focused on.
- Accounting hasn’t been done since the incorporation of the business: A lot of companies, especially new ones or start-ups have pressure to sustain themselves and, in that race, they do not give enough focus to accounting. As a result, no books of accounting are maintained from the time they incorporated, creating a backlog.
- The hired accounting staff fails in fulfilling their duties responsibly: A lot of time this can also be the reason that the accounting staff employed by the company lacks in understanding its role and responsibilities, which results in inadequate or useless accounting.
- Lack of understanding or knowledge: Many a time, changes in rules and regulations or new compliances imposed by the Government can lead to a lack of understanding or knowledge to businesses. It can be tough for a business to understand those regulations and implement them in their accounting, which can lead to Backlog Accounting.
Why is it important?
The sole purpose of a business is to earn profit and sustain itself in the long run. Though, how would a company know if it’s making profit or loss or if it is fulfilling the sales and revenue targets? The answer is maintaining books of accounts. It reports all the financial transactions that a business undergoes, providing a clear vision on revenues, sales, assets, liabilities, etc. Thus, accounting and in some cases, Backlog Accounting holds significant importance.
Do not think it compliance vice:
Many times, business owners think that accounting is only for the purpose of paying taxes, filing returns or for compliance. Though, that is not the case. No doubt, accounting is essential for the stated purposes, but more than these external factors, internal factors hold more value. Accounting helps a company know where it went wrong, and where it stands financially.
Consequences of not doing Backlog Accounting:
Accounting is important, and if your business didn’t follow it; BACKLOG ACCOUNTING IS NECESSARY!
- You will never know your company statistics:Backlog accounting comes into picture when a business hasn’t even performed the usual accounting rituals. So, in such cases, when backlog accounting is also not done, a business would never be able to get a clear vision of its revenue growth, sales growth, profit/loss, its periodic performances, etc. That, in the long run, would become a pain for the company.
- Product or asset depreciation: Backlog accounting logs the inventory, assets, etc. If accounting is not done for a long time, a business would not know how much inventory is in access and how much new is needed. Some inventories are not perishable in the long run, which can result in losses. Same goes with the assets; assets have different lives depending on its usage. So, if proper depreciation is not deducted, it would lead to reduced utilization of assets leading to more imperfect product manufacturing.
- Time-consuming: Accounting is no doubt time taking, but Backlog Accounting is time-consuming. It can drain the valuable time that owners are supposed to utilize in planning and to venture their businesses further.
- Company’s reputation can get spoiled: In a lot of cases, not maintaining books of accounts would result in poor business performance as revenue and growth are not accounted for adequately. So, if it’s a new company or a start-up needing to get funded, or even a public company; that would have a negative impact on its investors and customers. In the end, the reputation and goodwill of the company would get spoiled by the lack of Backlog Accounting.
How can Meru Accounting help in Backlog Accounting?
We at Meru Accounting have experts specialized in Backlog Accounting for the United States that will look after your accounting requirements. In contrast, you, as the business owner, can look after the essential part of your business- development!
Meru accounting has been serving in this industry from the past ten years and is outsourcing its accounting and bookkeeping services in various countries across the globe. We understand our clients’ needs and believe in providing them with satisfactory solutions.
We offer our services at a competitive per hour rate, along with that we also provide with a six hours trial*. (Terms & Conditions apply)
Choosing us would ensure that
- You will be provided with all the essential accounting services, including but not limited to, sales and purchases invoices, receipt vouchers, payment and expense vouchers, bank statements, etc.
- We update books of accounting as per our clients’ requirements (daily, monthly, quarterly or yearly.)
- We provide all the necessary financial statements (balance sheet, income statement, cash flow statement, etc.) to our clients on a regular basis.
Along with Backlog Accounting, Meru Accounting also provides various services like payroll management, taxation, Cloud Addons, and more. We can be your one-stop solution for all your accounting needs. So, what are you waiting for? Get in touch with us today!
CONTACT US FOR ANY QUESTIONS
Our Office Address
AU Office
Level 8/350 Collins Street, Melbourne VIC 3000, Australia
902, Shivalik Tower, Nr. Panchvati Cross Roads, Ahmedabad, Gujarat 380009, India
