Free Simple Receipt Template

Once the customer receives the payment for the goods or services bought from the supplier, the supplier must acknowledge it in the form of a simple receipt. A receipt could be written by hand or bought from the market. One can also create a receipt in an Excel template with the help of spreadsheet tools.

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Other Versions

  • Excel 2003 (.xls) OpenOffice (.ods)CSV (.csv)Portable Doc. Format (.pdf)

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About Simple Receipt Template

Every business owner who enters buying and selling the goods or services is customarily required to issue a receipt as a token of acknowledgment of receipt of money from the customer for future recording purposes. Issuing receipts also helps business owners to keep track of the selling of goods and services for any audit purposeAudit PurposeThe primary purpose of an audit is to conduct an independent and unbiased verification of all financial and non-financial material information to ensure that it is in line with what the management has reported.read more and their own at the same time. Business owners are nowadays using Excel-based templates to create simple receipts.

This template is simple and easy to make. Generally, it includes the following elements:

  • The date when the customer cleared his due amountThe name of the customer to whom the goods and services renderedThe total amount paid by the client or customerThe description for which payment receivedThe name and signature of the person who issues the receiptThe detailed breakup of the invoice, including discounts and taxes, if any.

If the business runs on a large scale, tracking every transaction is very complicated. To ward off this deficiency, the companies can track the record of every transaction with the help of receipts they issued to the customers or clients.

One can create it. It is a must to issue to every customer it deals with, whether customers pay through cash or any mode of payment.

One must organize the receipts template in a particular folder, which one can refer to later to calculate the business’s total income for tax and internal and external auditExternal AuditExternal Audit is defined as the audit of the financial records of the company in which independent auditors perform the task of examining validity of financial records of the company carefully in order to find out if there is any misstatement in the records due to fraud, error or embezzlement and then reporting the same to the stakeholders of the company.read more purposes. In other cases, if it accumulates, the business issues receipts on paper, and the same as the business grows. The owner of the business finds it hard to record the paper receipts. Excel-based templates are easy to create and very useful to store the same in one place no matter how many they are.

The following are the primary reasons for using Excel-based templates:

  • The professional layout of receipts: Excel has built-in options to generate the layout of receipts according to the requirement of the users. They can try and use a different layout for the receipts.Customizable: The receipts created with excel based templates are fully customizable. We can edit and delete any elements if not required.Future use: We can save these templates and use them for future reference.Taxation: We can use them to compute the amount of taxation.

How to Make this Template?

  • We can use Microsoft Excel to create templates as Excel has several functions and formulas, with the help of which we can create any desired receipts format. The reasons why we use templates to create receipts are many. Some reasons that lead to the use of Excel to create the templates are automatic formulas and functions. These reduce calculation errors.Companies or business owners should ensure the clients’ receipts are designed professionally. These must include all relevant information about the goods and services sold, clients’ names, contact numbers, etc. The client can easily approach you with the help of receipts in case he needs to buy anything in the future.Anyone can access professionally made receipts through online sources. Companies and business owners often prefer to use Excel-based templates to issue receipts. The receipts are easily customizable to add or delete the contents of receipts anytime in a matter of minutes. These receipts can be printed or can be sent through email or various applications to save the time of both customers and business owners. The users can directly download the receipts from online websites and edit them according to their requirements.A receipt differs from an invoice, but the format and the layout could be somewhat similar. Both share many things at the same time, but they differ as well. An invoice is issued to the buyer of goods and services for those before the customer makes the payment. The supplier issues a receipt after the buyer pays for the goods and services. Receipt, in simple words, is the indication of completion of the transaction on the part of both parties.The Microsoft Excel template allows the business to create any receipt for any business or personal transaction.

Motivation

The following are the factors considered motivation factors behind the use of Excel-based templates:

  • Excel-based templates are free to download and can be sent smoothly to clients.With the help of Excel-based functions and formulas, the templates automatically calculate the total and subtotal of the amount.Excel-based templates are fully customizable.Professionally designed and layout with all required elements;One can easily print Excel-based templates and convert them into PDFs.

Example

There are plenty of receipt template types that we can create in Excel.

Following are a few examples of the specific receipts template used more often:

  • Rent Receipt: This is the receipt issued by the landlord to the tenant once the owner of the house collects rent as an acknowledgment that he received the money.Donation Receipt: It is very similar to the rent receipt. The only difference is that the party receiving the donation issues it to the party who donated the amount for which they sought the donation.Cash Receipt: Cash receipt is very common. A business owner issues it to every human being for the goods or services they buy.

This article has been a guide to the Simple Receipt Template. Here, we provide you with a free downloadable simple receipt template used to acknowledge the customers. Also, you can download and use this template in Excel, PDF, or CSV format.

You can also take a look at our other useful articles: –

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