Western Union Payment Receipt Picture

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A receipt is a written acknowledgment that a person has received keep or property in payment in imitation of a sale or extra transfer of goods or provision of a service. all receipt must have the date of purchase upon them. If the recipient of the payment is legally required to whole sales tax or VAT from the customer, the amount would be extra to the receipt and the store would be deemed to have been upon behalf of the relevant tax authority. In many countries, a retailer is required to append the sales tax or VAT in the displayed price of goods sold, from which the tax amount would be calculated at dwindling of sale and remitted to the tax authorities in due course. Similarly, amounts may be deducted from amounts payable, as in the skirmish of wage withholding taxes. upon the further hand, tips or extra gratuities given by a customer, for example in a restaurant, would not form part of the payment amount or appear on the receipt.

In some countries, it is obligatory for a thing to pay for a receipt to a customer confirming the details of a transaction. In most cases, the recipient of money provides the receipt, but in some cases the receipt is generated by the payer, as in the prosecution of goods beast returned for a refund. A receipt is not the similar as an invoice.

There is usually no set form for a receipt, such as a requirement that it be machine generated. Many point-of-sale terminals or cash registers can automatically manufacture receipts. Receipts may after that be generated by accounting systems, be manually produced or generated electronically, for example if there is not a face-to-face transaction. To reduce the cost of postage and processing, many businesses get not mail receipts to customers, unless specifically requested or required by law, as soon as some transmitting them electronically. Others, to reduce time and paper, may authorize an invoice, account or verification as “Paid”.

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