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An original receipt is an acknoledgement from a vendor that shows proof of goods sold or service rendered. A business receipt is proof of goods or service by a company. A rent receipt is proof Tenant paid rent.
Invoice vs Receipt
An invoice is a request for payment and a receipt records the payment once it’s made.
Why should I use a receipt?
Using a receipt template offers many benefits for business owners:
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- Accuracy and Consistency: All details of transaction are correctly recorded.
- Professionalism: Gives your business a better image and builds trust with clients.
- Timesaving: Speeds up billing by using pre-set fields.
- Expense Tracking: Helps track cash purchases and donations for better financial management.
What to include in a professional looking receipt?
This professional receipt template includes the following information:
- Contact Details: Company Name and Logo
- Date of Transaction
- Itemized List of Goods or Services
- Total Unit Price and Tax Information
- Total Amount Paid
- Payment Terms and Conditions
- Customer Details
- Benefits of Using a Customizable Receipt
- Tips for Creating a Receipt
- Tips for Branded Receipt
- Walmart Receipt Lookup
Contact Details: Company Name and Logo
Business contact information should go at the top of the receipt and should include the following:
- Company Name
- Logo
- Address
- Phone Number
- Email Address
- Website [1]
Date of Transaction and Payment Method
The transaction details should include the following:
- Date of Purchase
- Receipt Number
- Payment Method [2]
Itemized List of Goods or Services
Summarize a list of goods or services provided in detail. The itemized list should include the following:
- Item Descriptions
- Quantities
- Unit Prices
- Total Amounts Paid [3]
Total Unit Price and Tax Information
Include the following:
- Subtotal
- Taxes
- Final Total Amount
Total Amount Paid
Payment Terms and Conditions
Customer Details
Add customer details such as full legal name, mailing address, email, and phone number.
Benefits of Using a Receipt Template
Benefits include:
- Strengthen Professional Image
- Customization (Design, Colors, and Font)
- Easy way to keep records
- Tax Records
- Legal Compliance
- Impress Clients
Tips for Creating a Custom Receipt
Tips for creating a receipt include the follow:
- Logo (Personal or Business)
- Personal Message
- Maker of Product Description
Tips for Branding Receipt
Branding receipt tips include:
- Add Company Logo
- Professional Font
- Add Business Information
Walmart Receipt Lookup
Walmart receipts (Walmart.com) are easy to lookup with only a few details:
- Purchase Location (State, City, Zip Code)
- Purchase Details (Item Name)
Professional Receipt Book
Keeping receipts in an organized booklet can help make doing taxes much easier.
Recommendations
Office Depot (officedepot.com)
Return Policies without a Receipt Lookup
- Walmart – Refund times depend on the payment method used. Credit/debit cards take up to 10 days, prepaid cards and PayPal up to 30 days, and third-party gift cards up to 10 days (longer for international banks). Walmart Gift Cards, EBT/SNAP Cards, and Refund Credit process within 3 hours. Healthy Benefits Plus OTC Card and Affirm refunds take up to 5 days. (Walmart.com)
- Target – Return items without a receipt by finding barcodes or receipts in the Target account, app, or emails. Guest Services can also look up purchases using payment method. Without proof, you may get a merchandise return card. For Target Plus™ items, proof of purchase is required. (target.com)
- Costco – Return policies vary between products and payment methods used. (Costco.com)
- Spotify – Yes, cancel anytime in your account online or in the app. (Spotify.com)
Sample Receipt Template
BUSINESS NAME
LOGO
SALES RECEIPT
SOLD TO
Name: ________________________________ Company: ____________________________ Street:________________________________ City, State, Zip: _______________________ Phone: ______________________
DATE ____________
JOB _____________
UNIT PRICE RECEIPT #__________
ID NO. __________
CHECK NO. _______
QTY ITEM #
___ ___
___ ___
PAYMENT METHOD _____________________
DESCRIPTION __________________
DISCOUNT __________________
LINE TOTAL $ __________________
THANK YOU FOR YOUR BUSINESS!
Business: ____________________________ Name: ______________________________ Email: _______________________________
TOTAL DISCOUNT SUBTOTAL _____________________
SALES TAX _____________________
TOTAL $ _____________________
Street: __________________________ City, State, Zip:_________________
P: __________________ F: _____________________