Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person
Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Agribusiness Companies and farming sector
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.
Accounting and Bookkeeping for Farming Businesses in Australia
The farming industry in Australia contributes significantly to both the nation’s economy and its food supply. Farmers have a lot of burden and managing all the aspects is almost impossible for them. Like any other industry, the farming industry has to maintain its financial records as businesses in this industry deal with a lot of finances. Hence, accounting and bookkeeping are essential for the sustainable growth of farming businesses.
Outsourcing can relieve the burden of trying to manage all aspects of farming independently, allowing individuals to tap into specialized knowledge to optimize their agricultural endeavors. Meru Accounting offers specialized services tailored to the unique needs of the farming sector in Australia.
Core Aspects of the Farming Industry in Australia
The farming business industry in Australia is a crucial sector that contributes significantly to the country’s economy and food security. Australia’s diverse climate and vast land area allow for the production of a wide variety of agricultural products. Here are some core aspects of the farming business industry in Australia:
- Diverse Agriculture: Australia's agriculture is known for its diversity. The country produces a range of products including grains (wheat, barley, oats), livestock (cattle, sheep, poultry), dairy products, fruits (citrus, apples, grapes), vegetables, and more.
- Climate Challenges: Australia's diverse climate poses both opportunities and challenges for the farming industry. The continent experiences a wide range of climates, from tropical to temperate and arid to humid. Droughts, water scarcity, and bushfires are recurring challenges that farmers have to navigate.
- Technology Adoption: The farming industry in Australia has embraced technology to improve efficiency and productivity. Precision agriculture techniques, such as GPS-guided machinery and remote sensing, help farmers optimize resource use and reduce waste.
- Export-Oriented: Australia is a major exporter of agricultural products. The country's geographical isolation and strict biosecurity measures have helped maintain a relatively disease-free environment, enabling agricultural exports to meet international standards.
- Water Management: Due to its arid and semi-arid regions, water availability is a critical concern for Australian farmers. Effective water management strategies, such as irrigation systems, water storage, and water-use efficiency practices, are essential to maintain agricultural production and manage water scarcity.
- Regulation and Support: The Australian government provides various forms of support to the farming sector, including financial assistance during times of natural disasters and research funding for agricultural innovation.
- Trade Agreements: International trade agreements and partnerships influence the export opportunities for Australian agricultural products. Negotiations and agreements with key trading partners impact market access, tariffs, and quotas, which in turn affect the profitability of farming businesses.
Requirements of Accounting and Bookkeeping for the Farming Industry in Australia
Accounting and bookkeeping form the financial backbone of any business, and farming is no exception. Here are some specific requirements of Accounting and Bookkeeping for the farming business industry in Australia:
Farming businesses need to track their income from various sources like crop sales, livestock sales, and government subsidies. Expenses can include labor, equipment, fertilizers, and maintenance costs. Accurate tracking helps in determining profitability and making informed financial decisions.
For businesses involved in crop production, inventory management is vital. It involves keeping track of seed, fertilizer, and pesticide inventory. Proper bookkeeping ensures that these costs are allocated correctly.
Farms require significant investments in machinery, vehicles, and infrastructure. These assets depreciate over time and should be accounted for properly to reflect their current value accurately.
Tax regulations for farming businesses can be complex, with provisions for deductions, exemptions, and special considerations. Accurate financial records are essential to ensure compliance and optimize tax benefits.
Fluctuating income due to seasonality and market conditions makes cash flow management a challenge. Effective bookkeeping helps in predicting lean periods and planning accordingly.
Detailed financial records enable better budgeting and long-term planning. Farmers can set realistic goals, allocate resources effectively, and navigate market fluctuations confidently.
Meru Accounting's Accounting and Bookkeeping Services for Farming Businesses in Australia
Meru Accounting understands the unique financial landscape of the farming business industry in Australia. Our simplified and straightforward approach to accounting and bookkeeping can benefit your farming business in the following ways:
- Tailored Solutions: We offer customized accounting solutions that align with the specific needs of your farming operations. Whether you're a crop producer or a livestock farmer, our services are designed to fit.
- Data Accuracy: Our expert accountants ensure that every financial entry is accurate. This precision provides you with a clear and reliable picture of your business's financial health.
- Timely Insights: We provide regular financial reports that give you timely insights into your business performance. This helps you in making informed decisions quickly.
- Tax Expertise: Navigating the complex landscape of agricultural taxes is our forte. We maximize your tax benefits while ensuring compliance with the latest regulations.
- Focus on Growth: By handling your accounting and bookkeeping tasks, we free up your time so that you can focus on nurturing your farming business's growth.
We also facilitate our clients for accounting in a Farming business where we help our clients prepare a budget, manage cash flow, and identify performance indicators for the development of their business.
Cash flow forecast is important in the farming business due to the seasonal nature of the business and we help with a weekly cash flow analysis to help you manage your cash flows in a better manner. Better cash management would ensure that the business neither has excess cash nor a cash crunch Reporting on-farm gross margins by Season.
We at Meru Accounting help businesses compare their performance with key benchmarks for the Agriculture industry and performance visa benchmarks. Preparing profit Projections and budgeting based on Key Performance Indicators. Analyzing the Key performance indicators and comparison of KPI with benchmarks. We help businesses to do budgeting and planning during off-peak seasons which can help farmers to prepare themselves during farming season.
Also, tracking expenses in the farming business is very crucial, since the period of business operations change with the seasons. There may be many disguised expenses like a job done by a family member that one needs to record. Farmers do not consider it as an expense, so they do not record it. However, these kinds of disguised expenses will help you claim more tax returns at the year-end.
Meru Accounting, help you identify these types of expenses. We also help you in recording and managing accounts in the farming business. We track all the accounts receivables and payables precisely and ensure that no invoices and receipts are missed and also, adequately recorded too.
The farming business is one of those businesses that deal with the real-time cash flow the most. Therefore, you should carefully pay attention to it. We help you manage the cash flow and alert you whenever there is inflation and a deficit in the cash so that proper measures can be taken.
Conclusion
Accounting and bookkeeping play a crucial role in managing finances for farming businesses in Australia. The dynamics of the farming sector are ever-evolving. Hence, there is a need for accurate financial insight. Meru Accounting, an experienced Accounting and Bookkeeping firm is a reliable partner when it comes to managing the finances of the farming industry in Australia.
For progressing in your farming business in Australia, accounting and bookkeeping cannot be ignored. Grow your business with Meru Accounting’s professional accounting and bookkeeping services. Our experts know how to deal with different aspects of the farming industry in Australia. Let us manage the finances of your farming business so that you can focus on the other important aspects.
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, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.
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.
Bookkeeping for CPA(s)
Certified public accountants or CPAs are known as backbones of a business firm. They help a business to survive and stand in the market. They are financial experts. Their stronghold at accounting, taxation, and finance makes them feel that they don’t require any bookkeeping service to keep a check on all the updates and paperwork.
CPA(s) are very knowledgeable. But spending their time in compilation and updation of paperwork is not a part of their job. They can efficiently invest this time in looking up for new clients and strengthening of already made tie-ups with multiple business firms. CPA(s) often live under the misunderstanding that they need not hire a professional and invest extra money on bookkeeping.
This is an actual myth these days. Having a personalized bookkeeping service improvises the accountant’s productivity. Your work gets more organized and stays updated. Outsourcing accountant experts are well updated with all the latest technologies that are needed to thrive in the industry.
As an accountant, you shall have peace of mind if you know that your accounting processes are in safe hands. Your data is being accessed using the latest technologies. This becomes a major strength when your motto is to work with the maximum no. of clients.
A good bookkeeping service will know about software like Freshbooks, SageOne, Wave, Xero, Quickbooks, etc. When your accounts are with an expert, who is not just mending for paperwork, you are good to go. All these benefits prove the need for bookkeeping for a CPA’s growth and easy work processing.
The acronym CPA stands for Certified Public Accountants. A CPA is a certification issued by the American Institute of Certified Public Accountant (AICPA). A person certified as CPA acts as a financial advisor with a high degree of knowledge and experience in the field of accountancy. This certification is mostly preferred by the CA, CS, MBA Cost accountant, financial advisors for professional recognition.
CFA stands for Certified Financial Analyst certified by CFA institute whereas CPA stands for Certified Public Accountant certified by AICPA. The purpose CFA is to analyses different financial option and provides investments options to the key financial planner and upper management of investment companies, whereas CPA is trained accountant professional who assists in various accounting service and taxation. We can say CFA act as financial analyst whereas the role of the CPA is of a facilitator of the accounting process.
If an individual, business, firm, or organization needs help for the preparation of tax, they should hire a CPA. If they need assistance for financial planning and investment, then should hire a CFA.
The three E(s) of CPA are Education, Examination and Experience. These 3 E(s) are necessary to get licenses for CPA. Only passing out examination doesn’t make you eligible for a CPA license, you need to meet sufficient requirements to get a license. Contact to this site for more details https://www.aicpa.org/becomeacpa/cpaexam.html
An individual, business, or any organization needs assistance in finance, accounting and business require a CPA. A qualified CPA provides professional expertise and advice to your business.
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
