A Sales Receipt is a formal document that certifies a payment made by a customer for the sale of goods or services. Once the transaction is agreed upon, the company must provide proof of sale and purchase to let the client know what they bought exactly and how much money they have paid.
Every business must monitor their sales and the amount of revenue they receive - you will be able to make better business decisions on a daily basis, compose cash flow reports, and plan for the future when you learn which products are in demand. Additionally, a receipt will help your customer to prove expenses - they may decide to claim deductions when completing their tax return, review their business costs, and simply know the particulars of the sale. You may download a Sales Receipt template via the link below.
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