A cash receipt template is a written document which includes an amount of money that is received by a company for products and services. It is an evidence of purchase issued when the buyer has paid in cash. Usually it is the receipt that is logged by a business every time cash is received for an item. Add the cash receipt to the balance brought down to give us total amount of cash that is received from its customers over a specified period. This receipt simply means receiving cash from some source and the source could be anything a customer paying for the credit purchases or an individual paying for rent.
Generally it is the record when a cash payment has been allocated for the sale of an item. These cash receipt templates are collection of money from the consumer that increases the cash balance recognized ob company or business balance sheet. It is also used in an accounting to keep track of the sales of goods or services when cash is received. These receipts should be accurate and timely posted because they are very important to maintain accurate cash balance and to reduce outstanding debits.