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Accounting and Payroll Outsourcing |
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Okamoto & Company's accounting outsourcing business line
consists of the following types of services: |
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1 |
Financial Accounting and Reporting |
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We have dozens of professionals on hand with a broad range of experience to assist in your company's compilation work.The majority of the professionals have TOEIC scores of 900 or higher and several also have US CPA credentials. As a result, we are capable of generating financial statements in Japanese GAAP, US GAAP and under IFRS (International Financial Reporting Standards).Through the use of our internally developed web based accounting software, we can report to your parent or head office in a timely and effective manner. |
| We also have several professionals familiar with SAP and other popular ERP systems. |
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2 |
Payroll and Social & Labor Insurance |
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Feel assured that your payroll and social insurance tasks will be safely handled by Okamoto & Company. You will receive service of the highest quality. Our services include (but are not limited to) such work as; |
| -preparation of employee monthly payroll details |
| -deposit slips |
| -payroll ledger |
| -reporting of newly hired and resigning employees to the various agencies as stipulated by legislation in Japan |
| -arranging payment of local taxes (e.g. inhabitant taxes) |
| Japanese labor rules and regulations can be challenging for foreign organizations. For this reason, Yamamoto Social insurance Consultant Office, a licensed social insurance and labor consultant firm for consulting on employee work rules, contracts and Japanese Labor Law compliance, etc. resides within our office. |
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Cash Management |
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We can assist your organization with your cash management requirements. We open a bank account under your company name, manage the payment of invoices, salaries, payroll, taxes, and all matters related. |
| In addition, we can monitor your bank balance and provide continuous forecasts on your cash flow. Additionally, if a cashflow shortage is predicted, we can also take direct action by notifying the designated individuals for a fund remittance. |
| Last but not least, by entrusting your cash management needs you benefit from our firm's internal controls which will prevent embezzlement or misuse of your funds. |
| It all translates into fewer problems and less worrying for you. Okamoto & Company's services will allow you to focus on issues of higher importance, knowing that your outsourcing & payroll functions are in good hands. |
