A cash receipt is a document that is usually issued at the completion of a sales transaction. Usually a cash receipt format is drafted with information about the transaction. This document is important for both the vendor and the customer. For the vendor, it is the record of the sales and for the customer; it is the record of the payment made to the seller. Main content of a cash receipt will include business name, customer’s name, date of transaction, description of goods or services sold and amount of cash paid. A cash receipt will be drafted as a simple document usually two copies on a page.
A cash receipt may outline as a formal written slip given by the seller after receiving the amount of cash from the buyer. Well, this official slip will record the facts of transaction made between the seller and the buyer, for instance; this cash receipt template will include the name of seller, title of business, info of buyer, serial number of slip, info of products purchased by the seller, quantity of items, unit price, total price inclusive & exclusive of taxes and discounts. The essential purpose of this receipt is account that someone has purchased something after paying a certain amount of money, in case if the customer wants to return the goods or items then he can use a cash receipt to ensure the seller he bought this stuff from his outlet.
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