Here I am offering these free Money Receipt Templates in MS Word to assist you quickly.
Money receipts are important for individuals and businesses to properly manage cash registers. When you give money to your friends, family members, or business contacts, it is essential to generate money receipts to avoid financial errors and misunderstandings. You can design a handwritten money receipt or a standard format can be designed on a computer system.
Small business organizations or freelancers also require money receipts to present to their customers. Cash receipts record services and goods provided by the organization. You should include the details about the products, paid money, and format of payment like in cash or credit. The both seller and the customer need to have copies hence you can use carbon-less receipts to create two copies of each receipt.
Free Money Receipt Templates
Here is a preview of this Money Receipt Template created using MS Word,
Here is the download link for the above-mentioned free Money Receipt Template,
Tips to Design Money Receipts
Money receipts are essential for official and regular transactions related to money. It is essential to design comprehensive money receipts according to the standard format to include all important details in the receipts. Following are some tips to design a comprehensive money receipt:
Tip # 1:
Money receipts should include the title in block letters at the top of your document. In the upper right-hand corner, you can write the serial number of the receipts and the date on which you received or sent the money.
Tip # 2:
Money receipts should feature the first and last name of the payer under the heading “Received From”. Write the dollar amount paid by the person in the right corner of the person’s name.
Tip # 3:
You have to write the reason for which the money is being taken or sent. It is essential to write the details of money sources such as rent, goods, or services. You can write it under the name of the payer in clear words.
Tip # 4:
Write the current balance, payment amount, and due balance according to the nature of payment from the individuals. Moreover, the nature of payment is like cash, check, money order, or credit card.
Tip # 5:
Write the “received by” heading to write your name and initial at the bottom of the money receipt. Include the name of your company, address, and telephone number. Do not forget to write the date at which the receipt is being generated for ease of record keeping.
Tip # 6:
Create a list of items or services available to you for sale and include the name as well as the price of each item. If you are working to lend loans to the borrowers then you have to write interest percentages and different packages with the duration of the loan.
Tip # 7:
You will get maximum space on the back of the money receipt so it is the best place to write the important terms and conditions as well as the policies of your business. You can prepare a table to highlight all important numbers for the convenience of customers.
Tip # 8:
It will be good to record the method of payment including cash, check, or credit card. Designate a place for your signature and the signature of customers. It will change the status of your simple money receipt as an official money receipt that can not be challenged in court.
