HUE Lease Accounting
SaaS solution offering enhanced new lease accounting standard functions "from 30,000 yen/month
Provides everything from on-balance sheet accounting processing to note output and tax compliance, starting at ¥30,000/month.
A new lease accounting solution for major companies that condenses over 15 years of lease accounting system know-how.
Topics
Lunchtime Radio] New Lease Accounting 2026 Front Line - "True Feelings" and "Realism" toward the Application of the Standard, All Discussed without Discovery!
2025/07/10HUE Supports Tax Treatment of New Lease Accounting Standards in Latest Version - Standardized for Tax-Effect Accounting. Fastest launch in Japan - HUE Asset
2025/06/19New Lease Accounting Standards AI Advisory Chatbot" is now available free of charge.
2025/02/26HUE Asset Adds "Lessor/Sublease" Functionality for New Lease Accounting Standards Compatible with New "Dark Horse" Standard, Focused on Real Estate Providers
2024/10/15HUE Asset" Releases New Lease Accounting Standard Compliance Functionality - First in Japan to Provide Rapidly with IFRS 16 Compliance Experience
2024/09/13Works Applications Announces "HUE Lease Accounting," SaaS Compatible with the New Lease Accounting Standards - Reducing Initial Costs and Making It Easier for Japanese Companies to Comply with the Revised System
May 22, 2024HUE Lease Accounting", a SaaS for Lease Accounting, is now available for major companies to comply with the new lease accounting standards - Provides a trial calculation of the impact within one month based on accounting journal entries
What is HUE Lease Accounting?
HUE Lease Accounting is a SaaS-type solution that "easily and conveniently" meets the new lease accounting standards, condensing the know-how accumulated over 15 years of providing the fixed asset/lease management system "HUE Asset".
It can handle not only on-balance sheet accounting based on contract information, but also re-estimation andimpairment accounting, automatic compilation of increase/decrease information required for journal entries and notes, and management of expense amounts for both property and tax purposes.
Three Features of HUE Lease Accounting
Calculation - journal entries - notes - taxation
Comprehensive functions required for new lease accounting
Based on our experience in supporting IFRS 16 for various industries including retail, manufacturing, logistics, real estate, SI, etc., we provide comprehensive functions required to comply with the new lease accounting standard.
It covers all the requirements necessary for new lease accounting, including on-balance sheet recognition of right-of-use assets and liabilities based on contract information, re-estimation, impairment accounting, automatic preparation of journal entries and note information, and support for tax reporting adjustments.
Full knowledge of lease accounting
Full implementation support
Because WAP knows lease accounting inside and out and was the first company in Japan to release functions for new lease accounting, we provide full documentation and support, from standard explanation, impact calculations, accounting issues, workflow design, and peripheral system integration. We will accompany you as a partner until the new lease accounting is applied.
Cost is from 30,000 yen per month.
Can be implemented at reasonable cost
Because WAP utilizes the SaaS-type service know-how and technology it has cultivated to date, it can be provided on a pay-as-you-go basis starting at 30,000 yen per month. The service is reasonably priced and can be used with peace of mind.
The monthly fee is 30,000 yen for up to 50 lease contracts.
Many useful functions to aid operation are included in
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Function 1
On-balance processing of right-of-use assets/lease liabilities
On-balance recording of right-of-use assets and liabilities, automated amortization calculations/automated journal entry creation/debt repayment schedules based on the interest method.
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Function 2
Automated lease re-estimation
Automatic calculation of discounted present value and registration of increase/decrease in re-estimates simply by entering changes in lease term/lease payments. A history of changes can be kept and automatically reflected in journal entries and increases/decreases.
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Function 3
Attachment management
Attached files, such as the original contract and accompanying approval documents, can be uploaded and managed by linking them to the contract.
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Function 4
Batch input/upload
Contract registration and changes can also be uploaded in batches by file import.
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Feature 5
Full inquiry function for notes
After aggregation by department and type, information required by various notes, such as amortization, interest expense, increase/decrease, etc., can be queried and output.
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Function 6
Automatic execution of various monthly processes
Various monthly processes such as journal consolidation and tabulation of debts, payments, and increases/decreases can be scheduled and executed automatically.
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Feature 7
Retention of both accounting and tax expenses
In accordance with the Tax Reform Bill announced in December 2024, the system maintains both expenses in the case of tax discrepancies. Differences can also be output.
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Feature 8
Automatic creation and linkage of journal data
Automatic creation of journal data for increases/decreases, write-offs, debt reversals, etc. Automatic linkage to your accounting system is also possible.
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Frequently Asked Questions
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Can an approval flow be set up?
Yes, you can set up a multi-step approval flow for contract registration applications and contract modification applications.
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Is there a limit to the number of users or companies?
There is no limit to the number of users or companies.
The usage fee is charged on a pay-as-you-go basis based on the number of contracts managed within HUE Lease Accounting, and there are no additional fees based on the number of users or companies. -
Is it possible for you to provide support for the new lease accounting standards?
We provide a wide range of standard commentaries as well as reports that summarize each company's policies on lease identification, term estimation, etc.
For more information, please see the following pages.
Quick Guide to Policies for Adopting the New Lease Accounting Standard -
Do you provide any support for the introduction of the product?
In addition to providing product manuals and various documents, we have an accompanying standard introduction support service that supports requirement organization, configuration, verification, etc. in web sessions, enabling us to provide firm accompanying support for the application of the standard.
Please feel free to contact us for details.
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What you will find in this document
- Functional Coverage / Features of HUE Lease Accounting
- Implementation Support Details
- Differences in coverage with HUE Asset
Cases
Earth Corporation Selects HUE
Earth Corporation
Odakyu Electric Railway additionally adopts HUE Asset to support new lease accounting standards
Odakyu Electric Railway Co.
Nissin Foods Holdings adopts "HUE Asset"
Nissin Foods Holdings Co.
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Other useful documents
Masahiko Inoue, Certified Public Accountant / supervised by Masahiko Inoue / New Lease Accounting Standards AI Advisory Chatbot
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Detailed product information
HUE Lease Accounting Service
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Other useful documents
Survey Report on the Correspondence to the New Lease Accounting Standards
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Introduction of Partner Program
WAP works with partners to promote development and service deployment, and has built a system that can respond to a variety of on-site feedback.
Resources
This site provides useful contents for solving issues in each department, such as compliance with legal revisions and system selection.
Please make use of this information when considering the introduction of a system, improving business operations, and solving problems.
