What is a Receipt?
A receipt is a written acknowledgement that
a specified article or sum of money has been received as an
exchange:receipt of payment form. The receipt
acts as the title to the property obtained in the exchange.
Format – A standard cash receipt format is not prescribed
as a state form. However, agencies are required to develop
and adopt an official receipt form that satisfies their unique
requirements. The form adopted is to be pre-numbered. At a
minimum, the form is to provide for the following information:
date, amount, mode of payment, and identification of the agency
and the preparer.
Machine generated receipts (e.g., cash register) and automated
cashiering systems that provide the required control data
are acceptable. Cash registers and automated cashiering
systems should be two tape models – one copy for the payee,
the other for the agency. read
Receipt Book- A book
of receipt that are numbered in a increasing order.
Return Receipt( delivery acknolagement):
A return receipt is a postal service document confirming
the arrival of a message or parcel at its intended destination.
Internationally, the service is known as avis de réception
(AR), but in some English-speaking countries, acknowledgement
of receipt is used.
With Microsoft Outlook, you must select the Option of
“Delivery Receipt” of the message and/or “Request
a read receipt” of a message prior to sending the email.You
do this, by clicking on “Option”, and then on
“Option” screen, select either receipt or both
receipts as you wish. Click “OK” to close the
“Option” Screen. Then “send” you email.
Concurrent Receipt means to receive both military retirement
benefits and VA disability compensation, and up until 2004
this was forbidden by law. To receive a VA disability compensation,
disabled military retirees had to waive all or part of their
military pay. The following is a summary of Concurrent Receipt: Concurrent
Sales contacts, bills of lading, warehouse receipts
A receipt used in futures markets to guarantee the quantity
and quality of a particular commodity being stored within
an approved facility.
Rather than delivering the actual commodity, warehouse receipts
are used to settle expiring futures contracts. Also referred
to as a vault receipt, they are most often used when settling
futures contracts that have precious metals as their underlying