Free Printable Receipt Of Payment Template
Details to Include in a Receipt of Payment
A customer will be given a receipt of payment where it is used as a recorded document of the evidence of complete payment or transaction of the goods or services. This receipt is issued after the payment is completely done and the buyer has paid the goods or service offered. Meanwhile, for business purposes, this plays an important role since the business need to keep track of every transaction done. Purchase return or exchange product may be done by the customer, then, in this time, they need to show the receipt to verify that they bought the goods from the seller.
Furthermore, people tend to think that receipt of payment template is the same as a sales receipt. Then, let’s take a look at the difference. A payment receipt is used as proof of the payment done by the buyer. This one proves that the seller has received the payment given by the buyer. On the other hand, a sales receipt is a kind of document usually requested by the seller when the buyer is not completely paying their debt off. This document is more useful for the seller since it contains important information that relevant to the business. Analysis of taxes and cost receipt number is also included.
Samples of Receipt Of Payment :
There is no standard rule about the receipt that can be used about the details must be included. But you may find the following details in any receipt of payment template you ever have. Payment date which explains about the payment of goods or service that has done by the buyer. Then, some amount received explains the total and exact amount of money given by the buyer to the seller to get the goods or services which has been paid. After that, the seller’s details contain the vendor of the goods or services specifically. There is also quantity purchased where the goods bout volume is written. If it is not full payment, you can put the amount remaining due in the receipt. You can also download a template to edit by clicking on the free download link provided at the bottom of this page.
Receipt Of Payment Template | Word – download