Does your accountant understand a Japanese company, or only Mexican bookkeeping?
I have 36 years in accounting and tax services: 16 at Deloitte and 20 running this firm, with Japanese companies operating in Mexico such as Panasonic, Hitachi, Shimizu North America, Nippon Jogesuido Sekkei, UACJ Metal Components, Techno Associe and San Technology. My team is bilingual. We understand how a company in Mexico reports to its parent company in the United States or Japan, and we deliver on the date we committed to.
Side by side
A general accounting firm handles your Mexican bookkeeping well. The question is whether that is enough when your company has to report to its parent company in the United States or in Japan.
Sameshima y Asociados
- Bilingual accountants
- 20 years serving Japanese companies
- 36 years of experience, 16 of them at Deloitte
- Financial statements converted to US dollars for the parent company
- A committed delivery date, met without exception
- Japanese companies in the portfolio, Panasonic and Techno Associe among them
The general firm
- Spanish only; the parent company reads whatever it manages to translate
- Standard Mexican bookkeeping, without context on what your company needs
- Pesos; the corporate office handles conversion on its own
- Delivery depends on how busy the month is
- A local portfolio with no declared niche
What choosing wrong costs
These are not arithmetic errors. They show up when the firm does its job well, but in a language and a framework your parent company does not use.
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The parent company redoes the conversion
If the financial statement arrives in pesos and in Mexican format, someone in the United States or in Japan rebuilds it to consolidate. That work gets paid for twice and reviewed once.
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The meeting gets translated live
When the accountant does not speak English, the explanation goes through an intermediary. The technical detail is lost exactly where it matters: the difference between an accrual and an expense.
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Payroll is unforgiving
Shifts, Sunday premium, profit sharing, and expatriate staff under double taxation. A firm that does not handle it every month learns on your company.
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The close arrives late
The parent company closes on its calendar, not ours. One late month in Mexico is an incomplete quarter over there.
A calendar, not a promise
The same thing every month, so your corporate office knows what to expect and when.
- 01 I receive your informationInvoicing, expenses, payroll and banking on the date we agreed. If something is missing I ask for it the same day; I do not wait for the close to raise it.
- 02 I record and reconcileBookkeeping under Mexican standards, with the accounts your parent company needs identified from the moment they are recorded.
- 03 I file with the tax authoritiesReturns, informative filings and the month’s obligations filed on time, with the receipt in your file.
- 04 I deliver in two languages and two currencies, when requiredFinancial statements in pesos and converted to US dollars, in Spanish and in English, with any additional information your corporate office asks for.
Experience is proven with names
Japanese companies that have trusted this firm.
If your company is in the same industrial corridor, you probably already know one of them.
- Panasonic Industrial Devices Mexicana, S.A. de C.V.Electronics
- Panasonic Life Solutions Company of AmericaElectronics
- Panasonic Appliances Refrigeration Systems de México, S.A. de C.V.Manufacturing
- Hitachi Consumer Products de México, LLCElectronics
- Hitachi America, Ltd.Electronics
- UACJ Metal Component México, S.A. de C.V.Metal
- Kyomex de Tijuana, S.A. de C.V.Manufacturing
- Shimizu North America, LLCConstruction
See all 20 companiesHide
- Iwai Metal Central México, S.A. de C.V.Metal
- Worldwide Manufacturing, S.A. de C.V.Manufacturing
- San Technology de México, S.A. de C.V.Manufacturing
- Ikegami Mold de México, S.A. de C.V.Molds
- T&K Mold México, S.A. de C.V.Molds
- AKTC de México, S.A. de C.V.Logistics
- Techno Associe de México, S.A. de C.V.Trading
- N&N Construcciones, S.A. de C.V.Construction
- Eurotec Engineering México, S.A. de C.V.Manufacturing
- NJS Co., Ltd.Water and Environmental Consulting
- Tajima Food Enterprise, S. de R.L. de C.V.Food
- KBRM, S.A. de C.V.Manufacturing
What a bilingual firm handles
Frequently asked questions
Do you work in Japanese?
No. The firm is bilingual in Spanish and English. For twenty years I have worked directly with the accountants at parent companies in the United States and in Japan.
Do you convert financial statements to US dollars?
Yes. If your company requires it, I deliver financial statements in pesos under Mexican standards and, in addition, in English and converted to US dollars for consolidation with your parent company, in the same close.
Do you work with maquiladoras and IMMEX?
Yes. It is most of the portfolio. I handle plant payroll with shifts, Sunday premium and profit sharing, as well as expatriate staff.
Do you serve clients outside Tijuana?
Yes. Besides Tijuana I serve clients in Mexicali and in the Bajío region. The work is remote and the close is the same.
How long does the monthly close take?
It lands on the date we agree at the start of the relationship. Meeting the delivery date is this firm’s commitment, and it is the reason most of my clients have been with me for years.
Can I change firms mid year?
Yes. I take the books wherever they are, review what was filed during the year, and tell you what I found before taking on the next month.
