Payroll Services from 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 correctly 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 related payroll liabilities.

Payroll Services Experts at Meru Accounting have required expertise to calculate and pay the payroll tax and file your payroll returns.

A sneak peek into these crucial functionalities will help to understand the basic working of an existing payroll system:

Calculation of ‘time’ and ‘wages’:

  • Working hours, hourly payment, vacation or holiday time that an employee has taken during the payment period.
  • Estimation of gross pay by exempting taxes and any other deductions.
  • Payroll deposits or paper checks

Create reports:

  • Manage labour expenses
  • Employee headcount
  • Vacation balances
  • Highest and lowest-earning employees

‘Tax processing’ and ‘Payroll deductions’:

  • Calculate and automate tax payments to the concerned authorities
  • Other payroll deductions such as those that are voluntary and wage garnishments

Complicated calculations and assumptions go into the drafting a decent Payroll Services, and hence certain aspects need to be kept in mind:

  1. Clear transparency by filtering the employees based on wages, promotions, or a salary hike.
  2. Set payroll deadlines in order to avoid payment delays like a tax.
  3. Status of the employee in terms of exempt and nonexempt employees. Also, overtime calculation to avoid any miscalculation leading to any financial loss to a business.
  4. System integration to keep the payroll system in a loop for any information shared.
  5. Flexibility in payment option.
  6. Outsourcing for expertise to perform the task.
  7. Spreading awareness among staff.
  8. Perfect ‘working time’ recording (increase productivity and avoid unwanted overtime payments)
  9. Testing a new system at an initial stage to avoid the loss of time, energy, and utilities invested.
  10. With zero tolerance for errors, implementing technology becomes the utmost necessity to optimize resources and get better accuracy. Hence ERP(Enterprise Resource Planning) needs to be applied, which will perform multiple iterations and validate the inputs provided and the generated payroll data. Thus, this will help, run, to retrieve and review data easily.

However, there also comes a risk of data security and protection against a breach. So, to avoid this laydown policy and procedures to adhere to, measures to protect information like changing passwords, install identity protection programs and monitoring systems and create awareness on privacy culture.

Bookkeeping Services for CPAs

  • Often CEOs look for a one-stop solution when it comes to the financial management of their organization. That’s why they approach a CPA firm that can manage their finances, cash flows, tax planning and other such customer profitability strategies while at the same time provide bookkeeping and accounting service.
  • While CPA firms do offer a blanket of services to compliment the unique requirement of their clients, their prime focus is on offering advisory service, conducting audits, managing compliance requirements, tax planning, etc. Profitable CPA firms are well aware of the fact that bookkeeping can be extremely time-consuming and can negatively impact the bottom line. Besides, it can shift the focus from the core business.
  • Meru Accounting understands this gap and therefore partners with CPA firms in the USA to offer bookkeeping services to their clients. Regardless of where in the USA you are, we will take care of the bookkeeping requirements of your clients. We believe in delivering results that match up to your expectations and therefore we consult with you to ensure that your client’s books are in line with your preferences.

Who We Are?

  • Meru Accounting is an India-based outsourced accounting and bookkeeping firm led by a team of CAs, CPAs, CFAs and other professionals with great expertise and knowledge. We cater to major CPA firms in USA, UK, Australia, Singapore and New Zealand.
  • We partner with CPA firms to support them with bookkeeping service, clean-up service and backlog accounting which in turn helps them in exclusive decision-making strategies. Whichever accounting tool or bookkeeping software you prefer to use, we are flexible and prepared to bring that to the table, whether it is QuickBooks, Net Suite, Quicken, CSA, Peachtree, MYOB, Sage, Creative Solutions’ Ultra-Tax or Intuit’s Pro Series, we specialize in all of these modern cloud accounting tools.
  • Our competency lies in our vast experience of outsourcing bookkeeping services for CPAs having their clients across different business verticals. We are a preferred bookkeeping outsourcing company in India owing to our global experience in accounting and bookkeeping services that provides us a competitive edge over our competitors. Besides, we offer cost-effective solutions to our clients that start at as low as US $10 per hour.

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