![]() ![]() It’s therefore relatively common to provide your customer with a receipt of payment, and if it’s requested, it’s normal to oblige.ĭepending on your industry, payment receipts may be handled differently. However, most accountants and business experts would advise you to do so. In the UK, it’s not a legal requirement to provide a payment receipt. Is it mandatory to issue a payment receipt? You may also consider customising your payment receipts with your logo to add a bit of colour and market your business. If the invoice has been fully paid and no further balance is due, it would be beneficial to clearly state “Invoice Paid” on the receipt to avoid any misunderstanding. ![]() Nonetheless, we recommend including the following information on your payment receipt template: In the UK, there are no formal requirements for payment receipts. A sample payment receipt and a free payment receipt template are also provided. This article explains which details should be included on a payment receipt and why you should issue them. Payment receipts let the customer know that you have received the payment and if there is any remaining balance due. Payment receipts should be issued every time a payment is made on a sale - even if it's a deposit or partial payment. A payment receipt, also known as a receipt of payment, is a document issued from a business to its customer when they have received payment for provided goods or services. ![]()
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