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A General Receipt, often simply known as a "Receipt", is a document by which a person or business provides written acknowledgement that they received something from another person or business.
Receipts are most often used in situations of sale, such as a sale of goods or the provision of services. Receipts may also be provided for documents and monetary transactions (such as the fulfilment of a debt or other obligation) as well as charitable donations.
If a Rent Receipt is required, there is a separate document available for a landord to provide a receipt for a payment of rent monies.
Receipts are generally simple in form and only require very basic information about the transaction between the parties.
How to use this document
This General Receipt can be used for any type of receipt that may be required. The most common types of receipt are provided as options, namely, Monetary Receipt, Goods Receipt, Services Receipt, Document Receipt, or Donation Receipt. For situations where another type of receipt is required, there is an option for "Other type of Receipt", allowing any type of receipt to be created.
This document should be completed in full and printed, then signed by the issuer of the receipt. The issuer of the receipt may wish to take a copy for their records. The original signed receipt should then be given to the recipient.
It is also good practice to ask for the receipt to be signed by the individual being issued with the receipt as this will confirm the statements set out in the receipt.
There are no laws legally requiring the issuance of a receipt, except in relation to charitable donations and rent payments (see the separate document entitled Rent Receipt).
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