ACCOUNTING & BOOKKEEPING
Accounting & Bookkeeping Services
Stable accounting and financial reporting of Indian corporations, and locally support the management system of Japan headquarters.
From daily bookkeeping to building a report system for the head office, our experienced and practical team of experts will support you comprehensively.
✓ Japanese companies in India
SERVICE OVERVIEW
Service
SGC’s accounting and bookkeeping service is not just a bookkeeping agency. Based on India’s unique business practices and regulations, we provide one-stop support for building a reporting system based on the criteria required by the head office in Japan and improving the process of the entire back office.
- Daily accounting and bookkeeping
- Monthly, quarterly, and annual reporting packages
- Financial reporting support for Japan head office
- Building Accounting Operation Flow
- Reducing key-person dependency in back-office operations.
CHALLENGES
Do you have any problems?
We solve the typical challenges faced by many companies in the field of business in India and in cooperation with the head office in Japan.
01
Accounting processing is not stable
Accurate bookkeeping and accounting are often delayed due to turnover or skill gaps among local accounting staff.
02
No monthly report to the head office
The closing of the monthly financial results is slow, and the report schedule to the head office is not sufficient.
03
Head office and local expectations gap
Information provided in the granularity and format required by the Japanese management department is not obtained from the Indian corporation.
04
Key-person Dependency
Work depends on a specific local staff, and there is concerns about attrition and fraud risks.
05
Fragmented Specialization
Accounting, tax, and legal work is often handled by separate firms, so complex issues that cut across these areas tend to go unaddressed.
06
Building the Foundation for the Start-up Phase
We have just established our Indian subsidiary and do not have a dedicated administrative staff member, so we want a partner who can take over our back-office operations in full.
SERVICE SCOPE
Specific support contents
We will customize and provide support for the required areas according to your circumstances and challenges.
Accounting & Bookkeeping
- Daily accounting book, data input, and various calculation materials
- Bank reconciliation statements and fixed asset register
- Bank balance adjustment table, creation of fixed asset book
- Reclassification/conversion for Ind AS compliance
Financial Reporting Support
- Monthly report creation in the designated format of the head office of Japan
- Support for conversion to Japanese accounting standards.
- Regular meeting with head office management department
- Support for creation of management documents
Building business processes and systems
Development of accounting operation flow, construction of back office system, creation of business standardization manual, etc.
Collaboration between other areas and head office
Collaboration with escalation and related specialists in the occurrence of tax and legal issues between India and Japan head office.
WHY SGC
SGC
We support the day-to-day realities of accounting and finance to help stabilize the India operations of Japanese companies.
01
Experience in India
We provide hands-on support, from filling staffing gaps in the start-up phase to restructuring during expansion.
02
One-stop support system
Seamless linkage of tax risks and legal issues found in the process of accounting and bookkeeping with our in-house specialized teams. Prevents issues from falling through the cracks between siloed teams.
03
Support System
We understand the context and expectations of the Japanese management department as well as conducting local accounting practice. We provide Japanese-language reporting and communication with Japanese head office.
PROFESSIONALS
Professional
Shintaro Suzuki
Managing Director
We are familiar with Japanese companies in India, accounting audit and financial due diligence.
Tatsuo Arai
Senior Manager
In charge of managing monthly and quarterly consolidated reports of Japanese companies to compliance in India.
RELATED SERVICES
Related Services
FAQ
FAQ
Is it possible to support partially even with existing accounting staff?
Yes. Daily bookkeeping can be done in-house, and it can build a flexible system, such as monthly review, reporting for head office, and advanced accounting decisions.
Can I report in Japanese or communicate directly with my parent company?
Yes. Japanese experts and Japanese speaking staff will be able to communicate directly with Japanese managers.
Can I ask about the operation system from the stage before establishing an Indian corporation?
Yes. You can consult us in advance.
What information should I send in my initial consultation?
Please tell us about the current accounting software and the challenges you want to achieve.
CONTACT
Please contact us for details on accounting and bookkeeping.
We will propose the optimal support method and resource allocation for your company after hearing the current system and issues. Please feel free to contact us.