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WAPE Receives JIIMA "Certification of Legal Requirements for Electronic Transaction Software

2022/01/21

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(Head Office: Chiyoda-ku, Tokyo; President and CEO: Masahiko Miyahara; hereinafter "WAPE"), a group company of Works Applications, Inc. (headquartered in Chiyoda-ku, Tokyo; Masahiko Miyahara, President & CEO; hereinafter "WAPE") announces that it has received "Certification of Legal Requirements for Electronic Transaction Software" from the Japan Information Management Association for Documents (hereinafter "JIIMA") on Wednesday, November 10, 2021 for its "HUE Classic and HUE Series".

1. Background of certification

Based on the concept of "ERP that continues to grow based on customer feedback," WAPE continues to expand the standard functions of the package based on the business processes and business practices required by customers, and responds to not only business requirements but also legal and institutional revisions with free version upgrades. The Electronic Bookkeeping Act has also been supported for some time, and the HUE Classic and HUE Series have acquired the "Electronic Bookkeeping Act Scanner Preservation Software Certification" and "Electronic Bookkeeping Software Legal Requirements Certification" from JIIMA certification in 2019. We have received numerous inquiries about the 2021 tax reform, which relaxed the requirements but strengthened the penalties for failure to comply. Therefore, we have acquired the new "Certification of Legal Requirements for Electronic Transaction Software" so that our clients can focus on their business with peace of mind.

2. Electronic Bookkeeping Act (Electronic Bookkeeping Act)

The Electronic Bookkeeping Law is a law that allows national tax-related books and documents to be stored as electronic data (electromagnetic records) rather than in paper form; although a two-year grace period has been announced, the mandatory electronic storage of transaction documents received in electronic form will come into effect in January 2022.

In response to this, WAPE will hold a seminar on January 27, 2022 (Thursday) to explain the Electronic Bookkeeping Act, taking into account the revised points of the Tax Reform Bill for Fiscal 2022 announced in December 2022. What should we do during the two-year grace period? I have been considering it, but should I review it? The seminar will explain the contents of the 2022 Tax Reform Proposal and answer questions received in advance to help participants catch up on the latest information, understand how other companies are responding, and consider future options.
Seminar details and application form: https://landing.worksap.co.jp/22.01.27

For the latest information, the "question-and-answer" published by the IRS is expanded into a chatbot and made available on the website.
URL: https://denshichobo.app.chatbot.worksap.com/hue/topic/denshitorihiki

3. About JIIMA Certification and the Certification System for Legal Requirements for Electronic Transaction Software

JIIMA certification is a certification system by JIIMA, a third-party organization of the National Tax Agency, which certifies commercial software and software services that are deemed to meet the legal requirements of the Electronic Bookkeeping Act. The "Certification of Legal Requirements for Electronic Transaction Software" certification received this time is for the preservation of transaction information when national tax-related documents are created by computer and exchanged electronically.


See: Japan Document and Information Management Association "Certification System for Legal Requirements of Electronic Transaction Software"
https://www.jiima.or.jp/certification/denshitorihiki/

4. certified products

The certified products are WAPE's HUE Classic and HUE Series. The following are the main products that received certification.

Financial accounting system "HUE AC"
Covers from Input to Output of financial accounting and consolidated closing. It enables management of not only stand-alone accounts but also consolidated accounts in a single package, essentially accelerating the closing of accounts.
https://www.worksap.co.jp/services/financial/

・Purchase management system "HUE Purchase"
It is a domestically produced purchasing management system designed for major Japanese companies to reduce costs and strengthen governance of purchasing.
https://www.worksap.co.jp/services/purchasing-management/

・HUE Expense, an expense reimbursement system
HUE Expense" is a Japanese-made purchasing management system designed for major Japanese companies to reduce purchasing costs and enhance governance.
https://www.worksap.co.jp/services/expense/

・Project management system "HUE Classic Project Management"
This product supports the improvement of project income and expenditure by centrally managing all project-related transactions and visualizing past, present, and future project income and expenditure.
https://www.worksap.co.jp/services/project/

・Sales management system "HUE Classic Sales Management"
HUE Classic Sales Management is a sales/procurement/inventory management system for various industries such as manufacturing, wholesale, and retail, including operations specific to Japan. Products / Services "HUE EBM"
HUE EBM is an electronic data management service for vouchers.
https://www.worksap.co.jp/services/sales/

HUE EBM allows you to convert paper receipts into electronic data for centralized management. The necessary data can be retrieved when needed by searching using data such as the name of the counterparty, amount, date of receipt, etc. The service is also compatible with the Electronic Bookkeeping Law. The system is also compliant with the Electronic Bookkeeping Law, so the original vouchers managed electronically can be disposed of.
https://bizapp.worksap.co.jp/ebm/

About Works Applications Group

Since its establishment in 1996, Works Applications Group has been providing Products / Services mainly to major Japanese companies as Japan's first packaged software company for business applications. Based on the corporate philosophy of changing the concept of "work," making work more creative, increasing corporate productivity, and expanding corporate value, Works Applications Group aims for further development as a solution provider centered on ERP, to be a partner in promoting DX for small, medium, and start-up companies in addition to major corporations. We will continue to develop further as a solution provider with ERP at its core.

*Company names, product names and service names are trademarks or registered trademarks of their respective companies.
*The information in this release is current as of the date of publication, and is subject to change or withdrawal without notice. Please be aware that the forecasts and other forward-looking information in this release are based on uncertainties and may differ from actual results.

For inquiries regarding this article, please contact

Public Relations, Works Applications Corporation
TEL : 03-3512-1400 03-3512-1400
FAX : 03-3512-1401
E-mail: [email protected]