Fillable Form Sales Receipt

What is a Sales Receipt?

A Sales Receipt is a written or printed document an individual receives after purchasing a product or availing a service from an establishment. It serves as an acknowledgment that a transaction happened between a business and a client. Laws that govern the use of sales receipts vary depending on the location of the transaction, as a sales tax may be imposed.

For every product or service purchased from a business, a sales receipt should be provided no matter the method of payment the customer used. If you run a business, issuing a receipt is essential for calculating sales, auditing products being sold, and keeping track of tax liabilities. For customers, it useful for tracking expenses.

In general, a sales receipt includes specific details on the transaction that occurred, such as the information of a customer, the items he or she availed, and tax computations. An effective receipt should have the name of a business and its contact information. When past clients decide to purchase again, the contact information would be handy.

How to Fill Out a Sales Receipt?

As an acknowledgment that confirms a purchase, a sales receipt typically contains both the information of a vendor and a customer and the list of purchased goods or services, including the details of every item, such as quantity and amount. It also includes tax computations for legal purposes.

To fill out a sales receipt accurately, follow the guide below.

Company Name is for the business name of the vendor.

Address is for the complete address of the vendor, including city, state, and ZIP code.

Phone Number is for the contact number of the vendor.

Sold To:
Customer Name is for the name of the customer.

Address is the complete address of the customer, including city, state, and ZIP code.

Phone Number is for the contact number of the customer.

Receipt Number is for the unique receipt number for the transaction.

Receipt Date is the date when the transaction happened.

Sales Person is for the staff who handled the transaction.

Invoice Number is for the unique invoice number for the transaction.

Due Date is for the due date of the payment.

A sales receipt contains a table that shows the details of the purchased items, either products or services. For each product or service, the item number, description, quantity, unit price, and line total should be supplied. Once all purchased products and services are listed, proceed to the computation table.

The computation table shows subtotal, discount, sales tax, and shipping and handling. Provide all applicable information. Compute for the total due.

Lastly, select the mode of payment.