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When making any major purchase or tendering money for just about any reason, it is a wise move to ask for a receipt. It simply makes sense to have a record showing what the money was tendered for, to whom, and when. This recorded information can be extremely helpful if there is a dispute at a later time or if a refund, return, or exchange is warranted. The merchant, seller, or renter is, in most situations, responsible for issuing this type of document to the purchaser or renter.
Interestingly, it is not unusual for landlords to go for months or even years without issuing a rent receipt to a tenant. This document, which provides a written or electronic record of the tenants payment of rent over a particular period of time, may be requested by a tenant at any time. Indeed, requesting it immediately after a payment is made is a smart thing for a tenant to do, as it can protect the tenant if the landlord were to claim that the payment had not been made. For example, if the tenant had paid in cash, this document would be quite useful in providing evidence that the payment had, in fact, been made.
A receipt will need to include a lot of information about the purchase, including date and time of purchase, the items that were included in the sale, prices for the items, and details about the seller. A receipt should be provided immediately after the sale and both parties should keep a record of the receipt in some form. This will ensure a record of the purchase is kept in case a return or replacement is needed.
Cash receipt is one of the types of receipts we encounter every purchase of items, goods or services to a business dealer or company seller. As the term implies cash means the amount of money given by the customer to the seller in the transaction made between them. Thus, templates for receipts just like cash is useful to have in order to keep track, provides easy access and validate the amount of money received from different clients at the end of the day.
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