Cash receipt is a kind of receipt which is issued to the customers when money is received. Many businesses issues cash receipt as a matter of course. A cash receipt is also known as cash memo in many countries. Cash receipt is a bill containing information on the name of vendor and customer, detail of items sold, price per unit of different items, quantity and total amount paid by the customers. They are usually produced by register computer systems both as internal records and printable receipts. Cash receipts serve several major purposes for both businesses and customers. Most of the retailers who provide online services to their customers also issue cash receipts electronically through email.
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