USA Bookkeeping Services
A perfect solution catered for rendering of bookkeeping services by Meru Accounting one of the Leading Bookkeeping Service Provider in USA which provides outsourcing key functionalities like bookkeeping services. Servicing is made available in a professional style and provision for perfect solution that results in availing of an “accurate, punctual and comprehensive information” (as quoted by client, Keith). The right accounting skill sets and software solutions work as saviors to help curb or wipe out tedious activities and time-consuming error rectifications.
Complete Write up of Accounts
Offers for specialized services for write-up that provides coverage in varied Bookkeeping Service such as receivable and payable accounts, reconciliation of accounts and other add-ons. The write up services that are provided by Meru Accounting caters to varied bookkeeping operations, in a cost convenient and skilled expertise manner, that involves:
- Transaction entry
- Statements on income, cash flow, profit and loss
- Ledgers for general, expenses and assets/ equipment
- Balance sheets and financial statements
- Accounts payable and receivable
- Trial balance
Payroll Tax in USA
Sales tax in USA requires to be accounted for by a company to charge its customers a certain amount for specific sales transactions, with differing rates for each state, taking place in United States. The sales tax is included within the billing generated through accounting software that displays it at the bottom of the invoice raised. Sales Tax Accounting generates sales tax billing for customer incorporating journal entry for debit and credit assets and liabilities wherein a separate account for sales tax liability is mentioned.
- Federal Taxes: This is the withholding amount collected from employee wages to be directed to the government. Federal unemployment tax also needs to be paid along with social security taxes. An Employer Identification Number (EIN) needs to be assigned to the company to meet the requirements in relation with the federal tax.
- State Taxes: Payroll taxation vary from state to state based on the place of incorporation and location of business operation. It is of necessity for a US company to be registered and follow the procedures for and comply with laws of that state with income tax withholding requirements.
Working on Quickbooks
Quickbooks online: A varied version of Quickbooks software that is platform independent for easy access and switching between any devices with efficient working for accountants to give coverage on functions like:
- Capture of receipts information in a flux.
- Automated downloading and bifurcation of bank and credit card transactions to curb data entry.
- Increase in productivity and ease of data/ customer info access for invoices, payroll, accounts reconciliation and more.
- Access to and sharing books for any work to mention with your accountant.
Quickbooks Desktop Aids in:
- Tax deductions with control on expenses,
- Business performance tracking,
- Instant generation of financial, sales and tax reports.
Working on XERO Accounting Software
A perfect combo of smart and simple financial solution software that serves for small scale business accounting with real-time, automated, time saving and user friendly operation of financial information.
