When a customer purchases some goods or enjoyed the services of a company, he will have to make the necessary payment. It is advised that as a customer, you get a sales receipt in return to confirm that the correct and total payment has been settled. This will prevent future disputes as well as request for any future service such as repairs, refunds or exchanges.
A sales receipt is usually issued by the company that has received the payment amount from the customer. If a customer pays a deposit, there may be a temporary sales receipt issued where this deposit will be deducted from the total sales amount in the final sales receipt issued.
A sales receipt can also be issued when a customer pays the full amount in advance before the goods are delivered or the service rendered.
A sale receipt usually registers:
* Company’s Name & Address
* Company Logo and contact number
* Customer’s Name & Address
* Date of Transaction
* Type of Transaction
* Description of Transaction
* Transaction amount
* Transaction reference number
* Payment Type
* Amount Received
* Payment Method
* Check Number
* Date received
The sales receipt is an acknowledgement of the payment made by the customer to the company. If there is any deposit made prior to the full settlement of the sales amount, that value will be recorded in the sales receipt as well to reflect the actual transaction process.
Consider the attached sample template for your convenience.