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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 800 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. |
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2 |
Payroll and Social & Labor Insurance |
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You can be rest 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 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. |
| It suffices to say you can trust your payroll-related responsibilities to Okamoto & Company's professionals. Our service is your best guarantee of getting these responsibilities undertaken with minimum cost and time. |
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3 |
Cash Management |
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Okamoto & Company 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 to Okamoto & Company's financial professionals, 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 can provide an extra bonus in which your attention is free to focus on issues of higher importance, knowing that your outsourcing & payroll functions are in good hands. |
