~ From monthly account entries to settlement of accounts to filing of corporate tax returns ~
The bookkeeping of a corporation begins with the journalization of each transaction (confirmation of consumption tax and the details of the transaction, etc.), proceeds to confirmation of the inventory, confirmation of the balance of various accounts such as cash, deposits with banks, trade accounts receivable, trade accounts payable, accrued expenses and borrowings from banks at the time of the settlement of accounts, calculation of depreciation of fixed assets and finally reaches the preparation of appropriate financial statements (balance sheets, profit and loss statement, etc.). We prepare tax returns of corporate tax by using the financial statements. We also support the year-end adjustment required for corporations as well as the filing of depreciable assets tax return and other tax return.
~ Understanding each daily transaction accurately and appropriately ~
The starting point of appropriate settlement of accounts is to grasp each daily transaction properly and accurately. For this purpose, the appropriate journalization and early confirmation of monthly transactions are required. It is important to certainly promote daily communication through the journalization. Grasping those daily transactions leads to the proper filing of corporate tax returns.