An invoice asks to be paid; a receipt proves you were. When a customer pays in cash, the receipt is often the only record either of you has.
| Section | What to put |
|---|---|
| Title | The word Receipt, clearly |
| Receipt number | A sequence of its own, e.g. RCPT-0001 |
| Date | The date the money was received |
| Received from | The name of the person or company who paid |
| Received by | Your name or business name |
| What it was for | The goods or service, and the invoice number it pays, if there was one |
| Amount paid | In figures; for cash, many people also write it in words |
| Payment method | Cash, bank transfer, card or cheque, with a reference where there is one |
| Balance | For part-payments, what is still owed |
Only issue receipts for payments you actually received. A receipt is a financial record, and both you and your customer may rely on it later.
Send an invoice before payment, to ask for it. Send a receipt after payment, to confirm it. If you are not sure which one you need, read invoice vs receipt.
RCPT-0087 — 31 October 2026 — paid in cash
| Description | Qty | Rate | Amount |
|---|---|---|---|
| Payment for invoice INV-0412: tutoring, October 2026 | 1 | 250.00 | 250.00 |
| Total received | 250.00 | ||
| Balance remaining | 0.00 | ||
Notes: "Received with thanks in cash: two hundred and fifty dollars only."
The rules differ by country and by type of business. Some places require a receipt for every sale, others only when the customer asks. For cash payments, giving a receipt is always good practice.
Yes. Show the amount you received and the balance still owed. The customer then has proof of what they paid, and you both know what is left.
Printed business receipts usually do not. For cash, a signature is simple, strong proof that the money was received.
Yes. Use a separate sequence such as RCPT-0001, and mention the invoice number the receipt pays so the two documents link together.