Q. Are Receipts Required?
## A. In principle, they are not required, but receipts may be issued for payments.
Charged Balance issued through Pokepay is legally treated as a Prepaid Payment Instrument.
When a member charges balance, the state is considered to be that you are holding money from the member, and it is treated as an exchange rather than a purchase. Therefore, in principle, there is no obligation to issue a receipt.
For payments, handle receipts separately through a receipt issued by a POS system or similar system.
The specific treatment may vary depending on your business and circumstances. Please contact the Financial Services Agency, an accountant, a tax advisor, or another expert.
A. In principle, they are not required, but receipts may be issued for payments.
Section titled “A. In principle, they are not required, but receipts may be issued for payments.”Charged Balance issued through Pokepay is legally treated as a Prepaid Payment Instrument.
When a member charges balance, the state is considered to be that you are holding money from the member, and it is treated as an exchange rather than a purchase. Therefore, in principle, there is no obligation to issue a receipt.
For payments, handle receipts separately through a receipt issued by a POS system or similar system.
The specific treatment may vary depending on your business and circumstances. Please contact the Financial Services Agency, an accountant, a tax advisor, or another expert.
