Payroll Management Services

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Meru Accounting is India’s leading Payroll management firm that offers its clients a well-organized Payroll mechanism by ensuring that all the Payroll liabilities are perfectly calculated according to the timesheet of our clients. We take care of your payroll liabilities and ensure that they are correctly calculated and correctly paid. We manage timesheets for your business and calculate the pay per employee along with relevant payroll liabilities. Payroll Experts at Meru Accounting have required expertise to calculate and pay the payroll tax and file your payroll returns.

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What is a Virtual Accountant? Simply put, a virtual accountant is an accountant who works online. A virtual accountant is available through online communications rather than working in your office or being outsourced locally. Virtual accountants work online to provide complete, boutique accounting services on demand. What Services Can a Virtual Accountant/Bookkeeper Provide? A virtual accountant can do everything that a traditional accountant can do for you as a business owner. A virtual accountant assists you in setting up your books, keeping your records accurate and up to date, and performing A/R and A/P tasks. Accounts receivable: Collect and process incoming payments on time to ensure the company's cash flow. Accounts payable: Ensure that bills are paid on time, maintain vendor relationships, and avoid cash flow issues. Reporting: Provide income/expense reports and general ledger reports to ensure that business owners understand their financial situation. Check that bank accounts are reconciled within accounting software and that the accounting software is accurate. Even better, virtual bookkeeping services can provide small business owners with general accounting services at a fraction of the cost of traditional bookkeeping services. Rather than hiring an internal bookkeeper, a business owner can supplement their operations with a virtual bookkeeper. Virtual bookkeepers are much more affordable and accessible to business owners and can be hired at a much lower rate. Traditional Accounting vs. Virtual Bookkeeping Working online is what distinguishes virtual bookkeeping from traditional accounting. A virtual bookkeeper will provide the same services and have the same credentials in every other way. Virtual accountants can provide accounting services to clients at a lower cost than traditional accounting firms because they do not have to pay for overhead, such as large brick-and-mortar offices. A virtual bookkeeper should be able to perform virtual bookkeeping to the same or higher standards as an in-person accountant. Meetings with your virtual bookkeeper will most likely take place via video conferencing software such as Zoom. What Do You Need to Begin? How do small business owners begin offering bookkeeping services? To get started with any accounting services, you should have the following items on hand: Your most recent year's tax returns, as well as any payments you've made. To manage it, you'll need access to your accounting software. Any other financial management software you use. Statements from your bank and credit cards Data on hiring or other business decisions. Any asset accounts? (such as retirement accounts). Any debt accounts? (such as credit cards and loans).

METHODOLOGY OF WORK FOR VIRTUAL ACCOUNTING PROCESS | MERU ACCOUNTING

Payroll Management Services

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