TKC Launches Japan's First Peppol Invoice Compatible Financial Accounting System for Municipalities

TKC Corporation (Headquarters: Utsunomiya City / President and Representative Director: Masanori Iizuka) has announced the launch of a new "Peppol Invoice" (*) compatible service as an optional feature for its "TASK Cloud Public Accounting System" for local governments.

This marks the first initiative nationwide for a financial accounting system targeting municipalities.

(*) TKC defines digital invoices sent and received via the Peppol network as "Peppol Invoices."

TASK Cloud Public Accounting System

"Peppol" is an international standard specification for exchanging electronic documents such as invoices over a network. In Japan, the Digital Agency has published the Japanese standard specification (JP PINT).

By utilizing Peppol Invoices, operational efficiency is expected, such as: ① reducing the burden of printing, enclosing, and mailing invoices, as well as postal costs for senders; and ② enabling recipients to easily link data to financial accounting systems without human intervention, thereby saving the effort of storage and management.

The TASK Cloud Public Accounting System is a financial accounting system (cloud service) fully compliant with the national "Unified Standards for Local Public Accounting," and is currently adopted by 410 organizations nationwide. TKC has been strengthening its functions to support "DX promotion of internal operations," such as electronic approvals and electronic invoice service integration, and the response to Peppol Invoices has been realized as part of this effort.

TKC will continue to actively propose to municipalities nationwide in collaboration with its partner companies, and strive to deepen understanding and promote the spread of Peppol Invoices through various opportunities, contributing to the realization of "improvement of administrative efficiency and promotion of residents' welfare" for its customers.

Overview of "Peppol Invoice" Compatible Service

The TASK Cloud Public Accounting System will provide an optional feature for "Peppol Invoices" (invoice data) based on the digital invoice standard specification in Japan (JP PINT), managed by the Digital Agency.

This will support the operational efficiency of both municipalities and their trading partners.

1. Main Functions of Peppol Invoice Compatible Service

(1) Automatically imports received Peppol Invoices (invoice data) into the TASK Cloud Public Accounting System.

(2) Automatically transfers necessary items when creating payment slips based on invoice data.

(3) The entire process, from subsequent approval to payment processing, can be completed digitally.

2. Service Start Date

May 2026

3. Service Provision Form

Service will be provided as an optional feature of the "TASK Cloud Public Accounting System."

4. Future Developments

In cooperation with 18 alliance partners, TKC will actively promote proposals to municipalities nationwide and endeavor to foster understanding and widespread adoption of Peppol Invoices through various opportunities, contributing to "operational efficiency for both municipalities and their trading partners."

Furthermore, as part of efforts to popularize Peppol Invoices, TKC plans to provide a mechanism by this summer that allows trading partners to easily send Peppol Invoices to municipalities using this service. The TASK Cloud Public Accounting System will also continue to enhance functions that support DX in internal operations and the utilization of local public accounting information.

Through these initiatives, TKC aims to introduce the system to 500 organizations by 2030.

Benefits for Municipalities Introducing Peppol Invoices

By utilizing Peppol Invoices, there will no longer be a need to issue, store, and manage paper invoices as before, leading to "digital completion" of operations for both municipalities and their trading partners, resulting in improved operational efficiency and productivity.

Back-office Operational Efficiency

Peppol Invoices contain all necessary information, such as the registered number of qualified invoice issuers, trade partner names, item names, unit prices, quantities, and transaction amounts. Therefore, recipients (municipalities) can easily link data to financial accounting systems without human intervention.

Overview of "TASK Cloud Public Accounting System"

The TASK Cloud Public Accounting System is a financial accounting system (cloud service) integrated with local public accounting.

By linking with related services, it can handle the entire process "end-to-end" from implementation plans to budget formulation, execution, creation of financial statements, evaluation, and utilization, thereby supporting operational efficiency.

1. Features of the Public Accounting System

(1) Supports efficient processing without errors or omissions

① "Daily Journal Entries" (automatic journal entry method) that anyone can use without bookkeeping knowledge.

② "Centralized management of ledgers (fixed asset ledger, property ledger, public property ledger)" and "linking financial accounting with fixed asset ledgers" to prevent omissions in ledger creation and reduce reconciliation work at year-end.

③ By linking daily journal entries and fixed asset ledgers, it facilitates the creation of appropriate financial statements and accelerates closing.