HUE Classic Cost Management
Manufacturing cost management system for major Japanese manufacturing companies.
Supports early closing of accounts through advanced cost accounting automation. It supports facility planning and advanced management accounting with various and highly specialized functions useful for profit-and-loss factor analysis, cost variance analysis, budgeting, etc.
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Feature 1 Abundant profit-and-loss analysis functions from a variety of perspectives, such as variance analysis between standard and actual costs
Profit and loss factor analysis (by expense item, by solid/variable, and by marginal profit) can be performed for each of various segments, such as by product, division, department, and process.
Comparisons with the previous year's results and the previous month's results allow immediate identification of the factors behind profit and loss fluctuations. In addition, it is possible to analyze the difference between standard costing, standard costing, and actual costing by cost element. -
Feature 2 Abnormality detection and data checking during costing process enable early settlement of accounts.
The system has an abundance of checking functions for the original costing data to prevent costing errors in advance.
In addition, the basis of cost calculation logic and calculation results is clear and highly traceable, making it easy to detect abnormalities in calculation results. All processes such as data import, allocation, and cost calculation can be performed in a batch, leading to early settlement of accounts. -
Feature 3 Useful for future forecasting
Cost simulationBudget and forecast calculation functions enable various profit-and-loss simulations in response to changes in the business environment. It supports not only short-term planning, but also medium- and long-term facility planning and new product development planning.
Image of utilization
Creation of data that forms the basis of financial statements
The original data for financial statement preparation is calculated by cost control, and journal data is linked to the accounting system. Cost calculation results are classified into work in process and finished goods, and finished goods can also be classified and retained as cost of sales and inventory valuation results according to product status. The calculation results can be linked to the accounting system as journal entries to support the preparation of various financial statements.
Calculate the cost of finished products by performing a rolling calculation for each cost item.
Even when there are multiple manufacturing processes, the system retains a breakdown of costs incurred in the previous process by expense item, allowing for flexible analysis of variable and fixed costs. Cost breakdown analysis is possible without solid variable breakdown or direct costing, which is useful for cost reduction and management accounting. Since it supports special calculation methods such as calculation of serial products, cost control can solve difficult operational issues.
Supports cost reduction by comparing target cost and actual cost
Cost Control keeps calculation results at a fine granularity, so it is possible to analyze the difference between target cost and actual cost. It supports activities to improve manufacturing efficiency and cost reduction by identifying "waste" and "efficiency" issues.
Predictive and actual analysis by product is possible.
It is possible to formulate budgets for each product by accumulating material costs based on information such as sales plans and production plans and product composition information. Since it is possible to compare the actual and forecast for each product, more accurate analysis of the difference between the actual and forecast can be performed.
Supports mid- to long-term facility planning and new product planning
Cost simulation supports not only short-term planning, but also medium- and long-term facility planning and new product planning. Multiple costing environments, such as monthly and budget, can be defined, and the data copy function between calculation environments makes it easy to perform cost simulation using actual data.
Main Functions
Manufacturing Costing
Inventory Evaluation
Budget Management
Analysis Management
Allocation Processing
Consolidation Management
Financial accounting linkage
Cases
Paperless and business reform one step at a time! Effects of HUE implementation and future prospects
Yanase Corporation
Asia Koso operates HUE
asia koso corporation
Forest Holdings adopts "HUE"
Consolidating its own systems into a domestic package to streamline operations
Forest Holdings Corporation
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