Business Receipt Template PDF | Word | Excel | ODT

A business receipt template is a document that confirms a payment has been made for a product or service. It’s often used when a customer wants to return or refund a purchase, or to verify the purchase for tax reasons.

Last updated February 10th, 2025

A business receipt template is a document that confirms a payment has been made for a product or service. It’s often used when a customer wants to return or refund a purchase, or to verify the purchase for tax reasons.

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Why Keep Receipts?

Businesses need to hang on to receipts for tax purposes—either quarterly or at the end of the year. Most receipts are stored electronically and paper ones are only given if the customer doesn’t want an e-receipt. A receipt is proof that a payment was made.

The IRS says businesses should keep receipts for 3 years. But if a business shows a loss for the year, they need to keep them for 7 years.

Sample Business Receipt