A written or printed document indicating details about payment has been made for purchases or for any other reason is recognized as a payment receipt in accounting terms and payment receipt format is a useful tool for creating professional-looking payment receipts. We all receive payment receipts on a daily basis when making purchases from the market or store. For example, when we purchase grocery items from a store, the storekeeper provides us a written or printed slip loaded with details of purchases and the cost of purchases with the paid stamp when we make payment in full.

A payment receipt is a most important and commonly used business tool generally used for record-keeping purposes. Detailed and professionally made payment receipts can come in handy for you when you receive payments from customers via cash. Payment receipt may consist of contents like the name of the business, customer’s name, description of goods or products, price per unit, the total amount to be paid by the customer, and paid stamp if payment has been made. Not only for sales transactions but one can use a payment receipt to document any other particular payment transaction like rent payment and loan payment etc.

Payment receipts provide equal advantages for both parties regarding record keeping. A seller or vendor can keep track of sales made in a particular period of time by using payment receipts generated for customers. On the other hand, a buyer can also retain payment receipts for the purpose of record keeping. Large companies and business organizations often use software and computer programs to generate payment receipts but small businesses cannot afford them. That is the reason here we have ready-to-use payment receipt formats and templates in Microsoft Word that any type of business can use free of cost to create professional-looking payment receipts on a computer.

Customizable Payment Receipt Formats Are Here

Cash Payment Receipt Format

Simple Payment Receipt Doc Format

Officials Payment Receipt Template

Credit Card Payment Authorization Receipt Template

Card Payment Receipt Format in MS WORD

Blank Payment Receipt Format

Basic Payment Receipt Example

Business Cash Payment Receipt Word Template

Fee Payment Receipt Format

Event Payment Receipt Template Doc

Free Editable Payment Receipt Format

Standard Cash Payment Receipt Sample Doc

Part Payment Receipt Format

General Payment Receipt Form Template

Payment Receipt Format for Outdoor Maintenance

Sample Receipt of Payment Template in MS WORD

Mortgage Payment Receipt Doc Format

Full Payment Receipt Template

Educational Institute Receipt of Payment Doc Template

Sales Payment Receipt Format

Personal Payment Receipt Example Format