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

Monthly Bookkeeping, Payroll, Financial Statements & Tax returns Starting From $ 10 Per Hour for Real Estate Development Business and Construction Companies

Quality Driven Approach

QuickBooks And Xero Certified Experts

50% Reduction In Costs

Part Time / Full Time Resources For

Hire Remote Team

7 +
Years of Success
1100 +
Completed Projects
250 k+
Hours of Experience
20 +
Accounting Software Used
52 +
We Serve in 52 States Of USA

Bookkeeping software expertise

saasu

intuit QuickBooks

netsuite

wave

Freshbooks

odoo

Xero Gold Partner

zoho books

simply accounting by sage

yendo

Explore Our End-To-End BookKeeping Services/

Federal & State Tax return Filing

A licensed CPA to review and file your tax returns with IRS.

Monthly Financial Statement

Your monthly financial statements help you gauge on your cash flow and plan for the consecutive month better.

Accounts Receivable Management

We manage the amount that you are yet to receive from your vendors/you haven't yet received

Accounts Payable Management

We also remind of the amount left to pay to your purchasers, invoices, contracts and receiving reports.

Reconciliations

Bank , Credit Card , Payment Gateway & Control Account Reconciliations

Cash Flow, Budgeting and Forecasting

Budgeting is a very important aspect of the accounting process of the business.

Why are we the 1st choice of US 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. .

Why are we the 1st choice of US 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.

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. .

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.

With Hubdoc, you can automatically import all your financial documents & export them into data you can use.

Gusto offers fully integrated online payroll services that includes HR, benefits, and everything else you need for your business.

Attractive performance reports quickly and efficiently. Ideal for organizations that need deeper insight and analysis.

Receipt Bank converts those annoying bits of paper – receipts and invoices – into Xero data!

AutoEntry captures, analyses and posts invoices, receipts and statements into your accounting solution.

Connect Shopify and Xero to effectively manage your online sales, inventory and accounting requirements.

Introduction to bookkeeping and accounting in the construction industry in the US

Running a construction business in the US is a challenging feat. With countless projects, deadlines, and client demands, keeping your finances in check can be overwhelming. That’s where bookkeeping and accounting come into play! By effectively managing your financial records, you’ll have better control over your business operations and ensure long-term sustainability. But what exactly are construction bookkeeping and accounting? How can it benefit your business? And most importantly, how do you get started with it? Keep reading to find out!

The primary goal of construction bookkeeping is to keep accurate financial records that can help you make informed business decisions. By tracking your finances efficiently, you’ll be able to identify areas where you’re overspending or losing money. You’ll also be better positioned to forecast future project costs accurately.

Bookkeeping and accounting in the construction industry in the United States require a solid understanding of industry-specific practices and regulations. Here’s an introduction to bookkeeping and accounting in the construction industry in the US.

Construction-Specific Accounting Methods: A Comprehensive Guide to Cost Estimation, Job Costing, Revenue Recognition, and Compliance

The Benefits of Construction Bookkeeping and Accounting

Construction businesses require careful financial management to ensure profitability and sustainability. One of the critical components of this management is bookkeeping and accounting. Proper construction bookkeeping helps companies to monitor their finances, create accurate budgets, pay taxes on time, and make informed decisions.

With construction bookkeeping and accounting systems, businesses can effortlessly track project expenses, such as labour costs, material purchases, equipment rentals or leases, etc. This allows for detailed cost analysis that leads to better project budgeting.

Furthermore, by tracking income streams from various projects through a reliable accounting system, companies can quickly identify profitable areas while identifying those that need improvement. Accurate financial data also provides valuable insights into potential revenue streams within the industry.

Properly managed books offer an added benefit when filing taxes with the Internal Revenue Service (IRS). A transparent record-keeping system ensures timely payment of taxes due by reducing the chances of any errors resulting from overlooking essential details like deductions or credits.

Implementing effective bookkeeping practices in construction firms can prove invaluable for long-term success. By maintaining accurate records using appropriate tools and hiring qualified professionals with relevant experience, business owners set themselves up for increased efficiency and improved profitability.

Getting Started with Construction Bookkeeping and Accounting: Essential Steps for Financial Success

– Understand debits and credits.
– Familiarize yourself with assets, liabilities, revenue, and expenses.
– Learn about financial statements.

– Choose between single-entry or double-entry bookkeeping.
– Single-entry is more straight forward but less accurate.
– Double-entry provides more detailed financial records.

– Create a chart of accounts specific to construction.
– Include categories like materials, subcontractors, labour costs, equipment, permits, etc.

– Decide on manual methods (spreadsheets) or specialised accounting software.
– Consider popular options like QuickBooks, Xero, or Sage.

– Consistently record all construction-related income and expenses.
– Categorize transactions accurately using the chart of accounts.

– Implement a system to track costs for each construction project.
– Monitor financial performance, calculate profitability, and make informed decisions.
– Use job costing software or features within your accounting software.

– Regularly compare recorded transactions with bank statements.
– Reconcile bank accounts, credit cards, and other financial accounts.

– Utilize accounting software to generate income, balance sheets, and cash flow statements.
– Gain insights into the financial health of your construction business.

– Familiarize yourself with local tax laws and regulations for the construction industry.
– Collect and remit the correct taxes and file necessary reports.
– Consider consulting a tax professional for guidance.

– If overwhelmed, consult a professional accountant or bookkeeper specialising in construction like Meru Accounting
– We can set up your system, provide guidance, and ensure compliance.

Remember that bookkeeping and accounting are essential aspects of running a construction business, so it’s crucial to maintain accurate and organised financial records.

How does construction accounting differ from general accounting?

Bookkeeping For Construction

Xero's Accounting for the Construction Industry Differs from other sectors.

How Can Meru Accounting Help You in Accounting?

At Meru Accounting, we specialise in tracking, managing, reporting, and categorising costs and expenses for construction businesses. Our services help clients make informed decisions regarding project selection, good bidding, billing procedures, and resource optimisation. We use accounting software like Xero or QuickBooks to track expenses and costs per property using class tracking or monitoring categories. Additionally, we provide a user-friendly dashboard that allows clients to track fees across different construction sites, saving them time and simplifying their bookkeeping processes. With our support, clients can focus on their construction work while leaving the accounting tasks to us.

In Conclusion

Bookkeeping and accounting are essential for any construction business in the US. By keeping accurate financial records and using the right software, contractors can streamline their processes and make informed decisions about their company’s future.

Outsourcing or offshoring these tasks can be an excellent option for businesses needing more time or expertise in-house. However, choosing a reputable provider with experience in the construction industry is essential. By taking advantage of professional bookkeeping and accounting services provided by Meru Accounting, construction companies can focus on what they do best: building great projects that meet their clients’ needs and expectations. So if you want to grow your business while staying on top of your finances, consider outsourcing your bookkeeping and accounting to us today! 

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.

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

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CONTACT US FOR ANY QUESTIONS

    Please book a call, by selecting your suitable time zone to speak to one of our great accountant meru

    We Service All Types Of Industries

    Construction Industry

    Real Estate Industry

    Lawyers

    Advertising & Marketing Industry

    Physicians Doctors Physiotherapist Dentist

    Pharma

    Online/ ECommerce

    Nonprofit Organizations

    Franchise Business

    Amazon Sellers

    Rental Business

    Mining Industry

    Manufacturing Industry

    Information Technology & SAAS Based Companies

    Age Care/ Health Care/ Spa & Saloons

    Logistics, Transportation & Trucking

    Travel, Tourism & Entertainment Industry

    Trading /Brokers

    Power & Infrastructure

    Wholsale & Retail Industry

    Gems & Jewelry Retailer & Exporter

    Education

    Brick & Mortar Industry

    Professional Training Business

    Consultancy Business

    Aerospace Industry

    Financial Services

    Energy

    Restaurant & Hotel Business

    Professional Services

    Our Young and Dedicated Team

    Our Office Address

    US Office (Florida)

    603 E Fort King St, Ocala, FL 34471, United States.

    US Office (Texas)

    10440 N Central Expy, Suite 800 Dallas, TX 75231 United States.

    US Office ( New York )

    26 Broadway 8th Floor, New York, NY 10004 United States.

    Global Production Team (India)

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


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