Essential Fields for Japanese Purchase Orders
For B2B transactions in Japan, your purchase order (PO) template should align with the requirements of the Qualified Invoice System (QIS), implemented on October 1, 2023, to enable buyers to claim consumption tax input credits. Key mandatory fields for a compliant Japanese PO include the name or title of the qualified invoice issuer and the transaction date. You must also detail the transaction, including a clear description of goods or services. Crucially, the supplier's Japan Consumption Tax (JCT) registration number, known as a T-Number, is required; this is "T" followed by a 13-digit Corporate Number. Additionally, specify the total cost, the applied tax rate (either the standard 10% or the reduced 8% for certain foodstuffs and newspapers), and the total consumption tax amount for each rate. If any items are subject to the reduced tax rate, this must be clearly indicated.