It is the duty of any entrepreneur or company administrator to organize the documentation of sales made. These documents guarantee the types of receipts of the company and consumers .
Invoices and receipts can be used as a guarantee of transactions between companies and consumers , other businesses or professionals.
To find out what they are, what types of receipts there are, how to create them and creation templates for sending and organizing finances , continue reading.
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What is a payment receipt?
A receipt is a document that proves financial philippines whatsapp number data and must be issued for each and every payment. In other words, it formalizes that the payment or transfer management took place between the seller and the buyer.
It is usually issued by the beneficiary of the amount — that is, by the person who will receive the amount — for the security of the person paying . This document can be made and delivered for various situations and is usually issued in two copies.
The receipt, despite being a bureaucratic process of organizing the company, helps in the management of receivables — in addition to confirming the payer’s expenses.
Brazilian legislation determines some points regarding the issuance of the document , discussing the mandatory nature and other specifications for the legality of the receipt.
What does the Law say about the receipt?
Law No. 8,846/94 discusses the they read the snippets carefully of tax documents, ensuring that companies are required to send different types of receipts to payers.
See what Article 1 of the Law says:
The issuance of an invoice, receipt or equivalent document, relating to the sale of goods, provision of services or transactions involving the disposal of movable property, must be carried out, for the purposes of income tax legislation and proceeds of any nature, at the time the transaction is carried out.
The Civil Code and Procon guarantee that the payer has the right to receive documentation proving payment of the amount before making the payment. In addition, the payer can also choose not to make the transfer until receiving this amount.
According to the Law, regardless of the type of receipt. It can using a pre-defined template, online (through invoices) or even hand-made, to guarantee receipt , including: transaction value, date, payment method and the name of the supplier.
What is the difference between a payment receipt and an invoice?
Both the payment receipt and the invoice are maldivian lads solutions during the sales or service provision process. These documents help confirm the suitability of transactions and allow better control for your company .
However, although they are similar, these records are not the same. Check out the main differences between them:
- Payment receipt : This is a document by the seller or service provider to confirm that a financial transaction has complete. It usually includes information such as the name of the payer. The name of the recipient, the amount paid, the date and reason for payment. To prove that a debt has off and serves as evidence of payment.
- Invoice : is a tax document by the seller of goods or service provider to record a commercial transaction. It contains detailed information about the sale, including the products or services provided, the unit and total values, the applicable taxes and the details of the buyer and seller. It is essential for accounting records, tax control and tax payment.
At Asaas , when an invoice cannot immediately. A Provisional Service Receipt (RPS) is create. It must into an invoice after the deadline set by the city hall. However, the number of this RPS will only available if you already use a system to issue invoices.
Why issue a payment receipt?
In addition to being a legal instrument to ensure both parties to a financial transaction , the different types of receipt also facilitate the organization of the company.
After all, you need to keep an eye on your cash flow to ensure that the amount has on time. However, there are other reasons to issue or request the issuance of a payment receipt:
- Transparency and credibility : issuing receipts demonstrates transparency in the company’s commercial operations, conveying an image of professionalism and reliability to customers and business partners.
