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Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person

Monthly Bookkeeping, Payroll, Financial Statements & Tax returns for Energy and Infrastructure Development Business

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Hours of Experience
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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.

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 Power and Infrastructure Industry in Australia

In the modern landscape of Australia’s dynamic power and infrastructure sector, accounting and bookkeeping play important roles in ensuring financial transparency, regulatory compliance, and efficient operational management. The complex or difficult nature of this industry necessitates sophisticated financial strategies and practices. As such, this text delves into the core aspects, requirements, and specialized services offered by Meru Accounting, tailored specifically for the accounting and bookkeeping needs of Australia’s power and infrastructure domain.

Core Aspects of Accounting and Bookkeeping in the Power and Infrastructure Industry In Australia

The power and infrastructure industry plays an important role in shaping the economic landscape of Australia. As this industry involves significant investments, complex projects, and regulatory compliance, robust accounting and bookkeeping practices are essential for its sustained growth and success. Here are some key elements of accounting and bookkeeping relevant to the power and infrastructure sector in Australia:

Requirements of Accounting and Bookkeeping in the Power and Infrastructure Industry In Australia

Accounting and bookkeeping in the power and infrastructure industry in Australia, like in any other sector, are essential for maintaining accurate financial records. Here are some key requirements for accounting and bookkeeping in this industry:

The power and infrastructure industry typically follows accrual accounting, where transactions are recorded when they are incurred, not when the cash is exchanged. This method provides a more accurate representation of the financial health of the business.

The industry is subject to various regulations and standards, including those set by the Australian Accounting Standards Board (AASB) and the Australian Securities and Investments Commission (ASIC). Compliance with these standards is crucial for accurate reporting.

Given the large-scale projects in this industry, tracking costs accurately is essential. Differentiate between direct and indirect costs and allocate them to specific projects or activities to measure profitability accurately.

Many projects in the power and infrastructure industry have long durations and involve multiple phases. Implement project accounting methodologies to track costs, revenues, and progress on individual projects. This helps in assessing project profitability and managing budgets effectively.

The industry is subject to various tax regulations. Proper tax planning and compliance are essential to manage tax liabilities effectively. Making provisions for taxes is an important part of a business. Each industry has different tax requirements and attracts different taxes. So, for a firm getting sound knowledge of taxation is necessary, but it consumes a lot of time. Understanding this, we at Meru Accounting provide taxation-related information according to both the industry sector as well as the country of location.

Prepare accurate financial statements, including the income statement, balance sheet, and cash flow statement, to provide a clear picture of the company’s financial performance and position.

Establish strong internal controls to prevent errors, fraud, and misstatements in financial records. This is especially important given the large-scale nature of the industry’s operations.

Utilize specialized accounting and bookkeeping software tailored to the industry’s needs. This can streamline processes, improve accuracy, and facilitate reporting.

The industry often involves complex contracts. Properly account for contract terms, revenue recognition, and expenses related to contract performance.

The power and infrastructure industry may have to account for environmental costs and comply with environmental regulations. Ensure that these factors are adequately considered in financial reporting.

Bookkeeping for Power Industries – Power and infrastructure industries are very large and in a way, the function tends to be extensive. The machinery and inventory being used in the projects are huge in numbers and thus it requires subtle planning. We understand these requirements and Bookkeeping for the Power and Infrastructure Industry thus provide our clients with monthly or quarterly financial analyses and so they can achieve their financial goals.

The Energy Industry and the Infrastructure industry, both are major players in a country’s development and that’s why taxation, policies, etc. tend to change as per Governments’ decisions. Besides that, these industries also attract uncertainties related to prices of raw materials, government norms, and political and economic pressure. True that we cannot avoid these uncertainties, but definitely can be reduced to a level. Our team of professional experts prepares accurate financial analysis that can help your firm survive in future uncertainties.

Through our accurate accounting management services, our clients get an overview of performing their business; from payments to receivables, we consider all of them. A good overview, of course, helps our clients to make future projections for their firm’s performance and financial viability.

Meru Accounting's Specialized Services for the Power and Infrastructure Industry

Conclusion

In Australia’s power and infrastructure industry, accounting and bookkeeping are more than just administrative tasks. They are crucial for financial stability and operational efficiency. Every industry has its unique needs, so it is important to use advanced methods for managing money, reducing risks, and following rules. In the complex world of power and infrastructure, where amazing engineering meets money matters, being good at handling money is important. 

Meru Accounting is specialized in managing finances for the power and infrastructure industry in Australia. We’re experts at keeping track of money and making sure it’s all organized. We make sure the money part not only makes sense but also helps the whole industry grow in a good way. Leave the financial management on Meru Accounting and spend more time on developing your business more and more.

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. 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.

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.

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    Level 8/350 Collins Street, Melbourne VIC 3000, Australia

    902, Shivalik Tower, Nr. Panchvati Cross Roads, Ahmedabad, Gujarat 380009, India

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