Meru Accounting

Experience Hassle-Free

Trading Firms

With over 9 years of experience, we are a trusted partner for accounting and bookkeeping services in the US. Whether you’re a startup, a small business, or an established enterprise, our services can meet the unique needs of your industry. Our deep understanding of US regulations and best practices can empower your financial journey and drive you toward long-lasting success!

Hire Remote Team

Tax Return Filing By Certified CPA / Enrolled Agent

QuickBooks And Xero Certified Experts

50% Reduction In Costs

Bookkeeping and Accounting to Trading Firms in the US?

  • Bookkeeping and accounting are crucial aspects of managing the financial affairs of trading firms in the United States. Trading firms engage in the buying and selling of goods or financial instruments to generate profits. Effective bookkeeping and accounting practices are essential for maintaining accurate financial records, complying with regulatory requirements, making informed business decisions, and ensuring the financial stability and success of the trading firm. Bookkeeping involves systematically recording, organising, and tracking financial transactions, while accounting involves analysing, interpreting, and reporting financial information. These functions provide valuable insights into a trading firm’s financial health and performance.

Critical components of bookkeeping and accounting in trading firms include:

Different Types Of Accounting And Bookkeeping For Trading Firms In The US:

  • Accounting and bookkeeping for trading firms in the US can be complex, especially when dealing with multiple transactions simultaneously. One of the accounting is cash accounting. This type of accounting records all cash transactions, including receipts and payments, in a company’s financial statements. This helps determine a company’s liquidity and cash flow.
  • Another option is accrual accounting, which records transactions when they are incurred rather than paid. This provides a more accurate picture of a company’s financial health but requires more attention to detail and may not be suitable for smaller trading firms.
  • For larger or growing trading firms, hybrid accounting – a combination of both cash and accrual methods – may be the best approach to ensure all financial information is tracked accurately.
  • Virtual bookkeeping services are becoming increasingly popular among trading firms as they allow businesses to focus on growth while the virtual assistant takes care of daily paperwork tasks such as data entry or invoicing. However, choosing the right type of accounting method can make things simpler.

The Benefits Of Accounting And Bookkeeping For Trading Firms

The Importance of Accounting and Bookkeeping for Trading Firms

1. Financial Organization And Decision Making

3. Payroll And Budgeting Efficiency

2. Receivables Management And Cash Flow Optimization

4. Compliance With Tax Laws And Regulations

5. Data-Driven Insights And Business Growth

How Is Meru Accounting The Right Choice For Accounting And Bookkeeping For Trading Firms?

Bookkeeping for Trading Firms

In Conclusion

Accounting and bookkeeping are essential for trading firms to maintain efficient financial management. With the correct accounting and bookkeeping solutions, trading firms can streamline their operations, reduce errors, save time and money, ensure compliance with tax laws and regulations, and make informed decisions based on accurate financial data.

So if you’re operating a trading firm without proper accounting practices Remember that good cash flow management is critical to success in any business venture. With proper accounting practices such as receivables management and payroll processing integrated into your overall strategy – in-house or outsourced – you will have greater control over your finances and be better positioned to take advantage of new opportunities when they arise.

Today, now is the time to start! We help you to do the same in an efficient yet effective manner, so what are you waiting for , contact now at Meru Accounting!

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.

We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.

Help you with switching from your traditional software to Xero and Quickbooks.

  • Cost-saving.
  • Access to skilled and experienced professionals.
  • Better management of books of accounts.
  • Decreased chances of errors.
  • Improve business efficiency.
  •  De-burdens in-office employee’s dependency.
  •  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.

Bookkeeping and Accounting to Trading Firms in the US?

Bookkeeping and accounting are crucial aspects of managing the financial affairs of trading firms in the United States. Trading firms engage in the buying and selling of goods or financial instruments to generate profits. Effective bookkeeping and accounting practices are essential for maintaining accurate financial records, complying with regulatory requirements, making informed business decisions, and ensuring the financial stability and success of the trading firm. Bookkeeping involves systematically recording, organising, and tracking financial transactions, while accounting involves analysing, interpreting, and reporting financial information. These functions provide valuable insights into a trading firm’s financial health and performance.

Critical components of bookkeeping and accounting in trading firms include:

Different types of accounting and bookkeeping for trading firms in the US:

Accounting and bookkeeping for trading firms in the US can be complex, especially when dealing with multiple transactions simultaneously. One of the accounting is cash accounting. This type of accounting records all cash transactions, including receipts and payments, in a company’s financial statements. This helps determine a company’s liquidity and cash flow.

Another option is accrual accounting, which records transactions when they are incurred rather than paid. This provides a more accurate picture of a company’s financial health but requires more attention to detail and may not be suitable for smaller trading firms.

For larger or growing trading firms, hybrid accounting – a combination of both cash and accrual methods – may be the best approach to ensure all financial information is tracked accurately.

Virtual bookkeeping services are becoming increasingly popular among trading firms as they allow businesses to focus on growth while the virtual assistant takes care of daily paperwork tasks such as data entry or invoicing. However, choosing the right type of accounting method can make things simpler.

The Benefits of Accounting and Bookkeeping for Trading Firms

The Importance of Accounting and Bookkeeping for Trading Firms
Financial Organization and Decision Making

◉ Accurate records of financial transactions enable trading firms to monitor cash flow and track expenses effectively.
◉ Financial data helps businesses make informed decisions about future investments and resource allocation.

Receivables Management and Cash Flow Optimization

◉ Accounting and bookkeeping aid trading firms in managing receivables by tracking invoices and payments.
◉ Timely payment collection improves cash flow and reduces the risk of bad debts.

Payroll and Budgeting Efficiency

◉ Detailed bookkeeping provides insights into payroll costs, facilitating accurate calculations of salaries, taxes, and related expenses.
◉ This information supports the development of budgets aligned with business goals.

Compliance with Tax Laws and Regulations

◉ Accounting and bookkeeping ensure trading firms can accurately report income and meet tax obligations.
◉ Detailed financial records throughout the year help avoid underpayment or overpayment of taxes.

Data-Driven Insights and Business Growth

◉ Investing in accounting and bookkeeping services provides trading firms with valuable data-driven insights.
◉ These insights help identify growth opportunities while maintaining a focus on the bottom line.

How is Meru accounting
the right choice for
accounting and bookkeeping
for trading firms?

Bookkeeping for Trading Firms

Conclusion

Accounting and bookkeeping are essential for trading firms to maintain efficient financial management. With the correct accounting and bookkeeping solutions, trading firms can streamline their operations, reduce errors, save time and money, ensure compliance with tax laws and regulations, and make informed decisions based on accurate financial data.

So if you’re operating a trading firm without proper accounting practices Remember that good cash flow management is critical to success in any business venture. With proper accounting practices such as receivables management and payroll processing integrated into your overall strategy – in-house or outsourced – you will have greater control over your finances and be better positioned to take advantage of new opportunities when they arise.

Today, now is the time to start! We help you to do the same in an efficient yet effective manner, so what are you waiting for , contact now at Meru Accounting!

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

      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 (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.


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