At the end of the sales transaction, a document is issued that is called as the cash receipt and the format which is used is called cash receipt template. Generally the cash receipt contains information about the transaction. The cash receipt is not only important for the vendor, but also for the customer or the client. In the view of the merchant or the vendor, the cash receipt is a record about all of the sales. Meanwhile, the customer thinks of it as a record containing all of the payment that was made to the seller. The main elements that are included for every kind of the ash receipt includes the amount of the cash paid, a detailed description about the services or the goods and the date of the transaction.
You must also write down the names of the seller and the buyer in your cash receipt. A cash receipt template is a simple document that mostly contains two copies on a page. When the buyer gives the seller that cash that he or she was due, the official and formal document that acknowledges this act is called as the cash receipt. Other than the basic information about the transaction and the buyer, your cash receipt must also contain information such as the total price; exclusive or inclusive of the discounts and the taxes, unit price, quantity of the items, serial number of the receipt, information about the purchased products and the title of the business. The main objective of having a cash receipt, is to acknowledge that someone has paid the required amount after purchasing any product or item.