A payment receipt template contains all details about mode of payment, item details, payer details and receiver details. It also has the details of date, day and total amount. Receipt plays important role in the verification process and in the process of audit. Serial numbers of receipts tell about the total number of payments in specific time duration. It is a written proof and evidence of payment. Both persons can claim in case of any issue on the basis of this receipt. These receipts also very helpful in future. Both parties keep receipts for security. In case of replacement or return of item these receipts are compulsory at that time.
It is expected by the customer when making a purchase. It can be hand-written one if you don’t have software that creates a receipt or create a template on your computer to print receipts. It should contain following information on it: your business name, address and contact information, the item you’re selling, original price of the item and any discounts, the tax rate and tax and any additional costs to the price breakdown, such as shipping fees. Your mode of payment is also mentioned there such as check (include the check number), credit card or cash. Any other information relevant to your sale on the receipt, such as the return policy or warranty information also written on it.
Useful Critical Points
1- Always download payment receipt template after making it sure that you really need it. A template which is not as per your requirements, can only damage your work. Instead, choosing a relevant template can bring life to your work.
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5- Adding tags and description after preparing your template can add attraction from user’s point of view. It will make your template more effective and attractive for your boss as well.