Professional Design Bill Receipt Template

Definition of a Bill

A bill is a formal written or printed document that is presented to a party in business to inform them about the payment that is due on them. It is a method of requesting a payment from the buyer or purchaser by the seller.

Definition of a receipt

A receipt is a formal written or printed document that acknowledges the receiving of a good, service or payment. It is mostly signed by bought the parties.

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What is Bill Receipt?

A bill receipt is a written or printed piece of document that acknowledges that a bill has been received by the party. It shows that the request for making the due payment has been received by the buyer or purchaser.

Contents of a Bill Receipt

This is a basic accounting document that is used in almost all business entity starting from very small to higher levels. If you buy a product from a small grocery store, you will be presented with bill receipt against which you will make the payment. Bill receipt template can be found on the internet. This template will contain the following information heads:

  • Name and detail information of the buyer
  • Name and detail information of the seller
  • Detail information of the product or service bought
  • Time and date of the payment request and receiving
  • Amount to be received and mode of payment.

In most cases, the bill receipt is used for record keeping and can act as a written proof in case of a claim settlement or dispute.

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Professional Design Bill Receipt Template

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