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Every transaction made between the seller and the buyer, there has to be an issue of official document known as receipt. This is one of the important records intended to keep for both parties involved to ensure easy access of the tracking details purchased item, product or service in cases there is a need to return or exchange.

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.

Furnishing the tenant with a receipt in such instances acknowledges in that his or her payment has been received and will not be disputed in the future. Some states even require by law that landlords provide their tenants with rent receipts. The documentation protects both parties from false claims that the transaction did or did not take place. Using a receipt maker is a simple measure to ensure that a rental agreement proceeds professionally and without dispute.

There are many types of receipt templates below including delivery receipt templates, cash receipt templates, rent receipt templates, sales receipt templates, donation receipt templates, and purchase receipt templates. These free receipt templates for Word will help you create a receipt for your small business or personal financial dealings.