Bookkeeping and Financial Reporting
At NihonBizGate, we understand the importance of accurate and up-to-date financial records for the success of your business. Our bookkeeping services are designed to help small companies in Japan maintain organized and precise financial records, enabling better decision-making and ensuring compliance with regulatory requirements.
Our Bookkeeping Services Include
- Day-to-Day Transaction Recording
- Bank and Credit Card Reconciliation
- Accounts Payable and Receivable Management
- Financial Reporting
- Tax Preparation Support
Bookkeeping Tools
At NihonBizGate, we leverage the latest technology to streamline our bookkeeping processes and ensure accuracy in financial record-keeping. We utilize the following major Japanese software:o.
- Yayoi : is a comprehensive accounting software widely used by businesses in Japan. With its user-friendly interface and robust features, Yayoi allows for efficient recording and management of financial transactions, making it an ideal tool for small businesses.
- Freee: Freee is a cloud-based accounting platform that offers a range of features, including bookkeeping, invoicing, expense tracking, and payroll management. Its intuitive design and automation capabilities make it a popular choice among small businesses looking to simplify their financial management processes.
- MoneyForwardMe: MoneyForwardMe is a personal finance management tool that also offers business accounting features. It provides users with a clear overview of their financial health, including income, expenses, and investments. Its budgeting and forecasting tools can help businesses make informed financial decisions.
By leveraging these leading bookkeeping tools, we ensure that our clients have access to the best-in-class solutions for their financial management needs. Our team is proficient in utilizing these software platforms to deliver accurate and timely bookkeeping services tailored to each client’s requirements.
Our Bookkeeping Process
- Tool Setup:
- Initial setup of the chosen accounting tool (Yayoi, Freee, or MoneyForwardMe) tailored to your business’s needs and requirements.
- Configuration of chart of accounts, tax codes, and other settings to ensure accurate financial recording and reporting.
- Bank and Credit Card Account Connection:
- Seamless integration with your bank and credit card accounts to automate transaction importing and reconciliation.
- Setup of bank feeds to ensure that all financial transactions are captured and recorded in real-time.
- Transaction Recording and Categorization:
- Efficient recording and categorization of all financial transactions, including sales, expenses, payments, and transfers.
- Regular review and verification of transaction data to ensure accuracy and completeness.
- Bank and Credit Card Reconciliation:
- Regular reconciliation of bank and credit card statements with the corresponding entries in the accounting software.
- Identification and resolution of any discrepancies or errors to maintain the integrity of your financial records.
- Financial Reporting:
- Preparation of detailed financial reports, including balance sheets, income statements, and cash flow statements.
- Customized reporting to provide insights into your business’s financial performance and help you make informed decisions.
- Migration Support:
- Assistance with migrating from one accounting tool to another if you decide to change your current tool for any reason.
- Seamless transition of your financial data and settings to ensure minimal disruption to your business operations.