Cash Management Services

Cash Management Services

Clients with the following concerns find our service useful.

We need to receive consistent services even for foreign companies that have a lot of employee turnover.

We need services that are integrated with tax and payroll services.

We need a customized plan with only the services we need.

We need an intermediary between our head office overseas and the staff of our Japanese branch.

We need a person in charge of liaison with our bank.

We have just set up our Japan branch and have only a few employees. We need to concentrate on our core business without spending time on bank transfers.

Nagamine & Mishima Consulting handles payments and related procedures on behalf of our busy clients.

Many of our client companies are able to improve the efficiency of their day-to-day operations

with limited manpower while using our cash management services.

Nagamine & Mishima Consulting handles payments and related procedures on behalf of our busy clients.

Many of our client companies are able to improve the efficiency of their day-to-day operations with limited manpower while using our cash management services.

―　Service Lineup　－

Bank account opening and management

Bank Transfer Services

Invoice Management

Payment Confirmation

Other Services

Bank account opening and management

We can assist you in opening an account for your newly established subsidiary or branch. We take care of the bank book and bank seal, and handle all the liaison work with the bank, freeing you from the need for frequent communication with the bank and complicated procedures.

Support for opening a bank account

If you do not have a designated bank branch, we can take care of the entire process of opening an account.
Please note that some bank branch processes may require employees to bring identification documents to the counter.

Bank Account Management

Account management services (monthly)

Account management services

(monthly)

Custody of bankbooks
Custody of bank stamps
Internet banking management

Notification and procedures

(on a case-by-case basis)

Notification and procedures

(on a case-by-case basis)

Change of company name and trade name
Change of directors and change of address
Issuance of balance certificates (audit-ready documents)

In some bank branch processes, employees may be required to bring identification documents and complete counter procedures.
Support fees will be charged as incurred for tasks related to the preparation and submission of bank filings.

Bank Transfer Services

Even for a single transfer operation, it takes more time and effort than you might think to verify account information and transfer funds overseas with a limited staff. Especially for Japanese banks, Internet banking itself is often written in Japanese, which places a heavy burden on the staff in charge.

With this service, you can completely delegate and outsource your Internet banking payment operations to us, and we will complete the complicated transfer operations once you forward us the data that has been internally approved in your home country.

Transfers for

Expenses
Taxes
Overseas remittance

Salaries
Social insurance premiums　etc.

Nagamine & Mishima Consulting can handle not only expenses, but also taxes, payroll, and social insurance.

Please contact us if you have any questions or concerns.

Invoice Management

We accept requests for payment of invoices twice a month or semi-monthly after they have been compiled in-house. We can also take care of invoice compilation to simplify your administrative work.

Example

Payment due on the 15th of each month
(requested 5 business days in advance)

(A) In-house invoice arrangement

In this case, your company will compile invoices and expense reports, and we will make the payment.

(B) Outsourced arrangement

In this case, you will send us your invoices as received, and we will compile those invoices and make the payment.

Payment Confirmation

Our tax and accounting knowledgeable staff members will properly check the payment information you have requested. In fact, it is not only the amount shown on the invoice that needs to be confirmed.

Confirmation of withholding tax

Although invoices are subject to withholding tax, there are many cases where the amount of withholding tax is not deducted or the amount of tax is incorrect. If you overlook this and proceed with payment, you may later be pointed out at a tax inspection and have to pay overdue taxes….We will properly check these cases and take care of everything from the preparation of the withholding tax payment slip to the payment.

Discrepancies in the amount of replacement expenses

When the number of payments increases, we often find not only erroneous amounts, but also unclear receipts from an accounting perspective. For example, information on entertainment expenses is important for corporate tax reporting and tax audits, so it is important to make the right decision.

Confirmation of overseas information on remittances

Unlike domestic remittances, overseas remittances require reporting to the Bank of Japan and checking for omissions of required information such as SWIFT code and purpose of payment. This is a complicated process that requires frequent communication with the bank.

Confirmation of Payment Information

In some cases, invoices that have already been paid are inadvertently resent. We check the payment history and verify the amount and invoice number to see if the same payment has been made in the past.

Confirmation of withholding tax

Discrepancies in the amount of
replacement expenses

Confirmation of overseas
information on remittances

Confirmation of Payment
Information

Other Services

We offer a variety of services tailored to your needs.
In addition to regular payments, Nagamine & Mishima Consulting offers a variety of other services so that you can choose the plan that is best for you.