When required, you must also add the following details:

[mstakh.i.mom.i]

Customer information: The buyer’s name, address, and contact details can be added.
Payment method: People can pay through different options and if you accept these different methods of payment, you can also include how you were paid.
Invoice number: This is a unique number for a specific invoice and upon payment, you can add the invoice number on the receipt to enable easy cross-referencing.
Verification of payment: You can use a signature to verify a payment. Signatures can be digital or handwritten.
Payment Receipt Example
Source: typecalendar.com
Receipt of Payment: Significance for Businesses and Customers
Significance for Businesses
Having a record of all the receipts of payments is key for accounting purposes russia phone number list in any business. Payment receipts can be the record maintainer for all the purchases made through the year or a defined period.

When it is the appropriate time to give in your tax declaration and claim deductions, a record of these receipts makes it much simpler to complete the process. It also helps to segregate your expenses on business purchases.

These records also come in handy during audits and other such events. When a business issues a payment receipt, it shows that they are a transparent business. It in turn enhances customer trust and makes the business more consumer-centric.

Significance for Customers
A valid payment receipt is crucial for customers especially when they want to return their purchases, claim a warranty, request refunds, etc. These are generally subjected to the terms of a specific sale made and the payment receipt proves that you have purchased from that business.