When you buy things, the little paper that the seller hands over to you at the counter is called the sales receipt.
It is a tool of acknowledgment between the buyer and the seller of a transaction being completed.
As a vendor, one should place much importance to the receipt.
For preparing receipt, you can take help of templates.
Like other templates such as loan agreement template, sales receipt template contains some pre-set categories mentioned by all companies but with the choice of modifying them.
Here are few reasons to use a standard Template: -A sales receipt functions as a marketing tool.
It contains the company logo, correspondence address, contact numbers, the company website details (if any).
As a marketing source, you are giving the buyer information about your company and if they are satisfied with the goods or services, they are sure to come back again.
Therefore, apart from being an acknowledgment of financial transaction, it doubles up as a marketing strategy too.
-When you create a receipt, manually or computerized, you also draw up a carbon or electronic copy of the goods and services sold.
This allows you to keep correct account of daily business and helps to calculate profits or losses at the time of closing.
-The sales receipt has details about the selling date, product description, place from which it was sold, and cost of the item.
All these factors help in tracking.
If a customer wants to exchange goods or return them due to dissatisfaction and has lost the receipt, you can figure out the details mentioned above just with simple details like date and product or service sold.
Sales receipt templates are available free online or as default option in Microsoft Excel.
You just have to install them, make modifications according to requirements, and make bulk prints.