Scope of Work

Our Accounting Service Package for Newly Established/Establishing Entity in Japan will cover:
Accounts receivable
Bookkeeping services for Accounts receivable/Sales transactions
Monitor collections of receivables
Advise overdue to sales team, if any
Accounts payable
Bookkeeping services for Accounts payable
Arrange payments of salaries/reimbursements to employees
Arrange payments to vendors/suppliers
Arrange various tax payments
General Ledger
Bookkeeping services for transactions other than Accounts receivable/payable, such as inventories, fixed assets, depreciation/amortization, etc.
Treasury
Supervise receivable/payable operations
Monitor bank transactions/balances
Advise HQ if cash-flow seems to be short
Reporting
Income statement for the month
Year-to-Date Income statement
Balance sheet as of month-end
Accounts receivable aging report as of month-end

Packged Monthly Fees

Our monthly fees for Accounting Service Package for Newly Established/Establishing Entity in Japan will depend on the number of the staff members of your Japan office:
3 members: JPY180,000 + consumption tax
4 members: JPY240,000 + consumption tax
5 members: JPY300,000 + consumption tax
6 members: JPY360,000 + consumption tax
7 members: JPY420,000 + consumption tax
8 members: JPY480,000 + consumption tax
9 members: JPY540,000 + consumption tax
* Current consumption tax rate in 2019: 10%
Please be advised that additional fee for a month will be charged at fiscal year-end.

Optional services available

We are ready for further services with additional fees. For example,
Submit reporting packages as requested
Report monthly trial balance to be loaded up to the accounting system you currently use
Other requirements

Optional no-charge services available

We are happy to offer no-charge optional services below.
Introduction of judicial scrivener office to assist correspondences between you and them for legal registration of your new entity in Japan
Introduction of labor and social security attorney office to assist correspondences between you and them for HR matters and payrolls
Introduction of certified tax accountant office to assist correspondences between you and them for filing tax returns/other taxation matters
* Please be advised that the fees for the services to be provided by the respective licenced professions above will be charged separately, only if you use their services.

For More Details

Please feel free to contact us for more details of our Accounting Service Package for Newly Established/Establishing Entity in Japan.