ACTIVITY 2 - RECEIPTS

A receipt is a legal document issued when cash or cheques have been received in payment for goods and services. These are usually carbonised and the payee receives the top copy and the receiver keeps the carbon copy.
This carbon copy is used for posting the amounts of the payments to the guest’s or debtor’s accounts.
When buying goods in a shop the cash register till slip is a receipt.
The ABN Number is issued to each business by the TAX Department to keep a track on GST payments and receipts. If the person receiving the receipt does not supply their ABN number leave this line blank.

Example

Receipt books are automatically numbered to prevent theft and fraud

Fill in the date when the money is received

Fill in the company or person paying the money

If the receipt is for a company they will notify you of their ABN Number

Fill in what the payment was for, i.e. 100 persons for lunch

Fill in the total amount received

Fill in the amount of the GST. To work this out divide the amount by 11

Always sign the receipt or the document is not legal.

Like cheques if you make a mistake on a receipt initial the mistake.