Credit Card Payment Slip Template

Cash, checks, debit cards, acclaim cards and wire transfers are advised as banknote sales. When your chump pays for a acquirement in banknote or with a check, the auction is complete. You do not acquire to bill your chump or anguish about accession behind amounts. If you extend abundance credit, your chump may bead off a banknote acquittal or accelerate in a analysis to pay the balance amount. You almanac the banknote acquittal in the banknote receipts journal, again access the banknote transaction in the sales annual or in the customer’s accounts receivable balance account.

The antecedent certificate for your banknote auction is the sales receipt. The sales cancellation provides affidavit that the auction absolutely took place. The sales cancellation annal the customer’s name, the date the auction took place, an analysis of the commodity or annual awash and the bulk for anniversary item. The absolute auction amount, including the sales tax, is provided on the sales receipt. If you acquire checks, acquire your advisers address the analysis cardinal on the sales receipt. The agent should brand or address “for drop only” on the aback of the check.

The banknote receipts annual is a archival almanac of your banknote transactions. The sales cancellation contains the advice you charge to access the transaction into your banknote receipts journal. When you alteration the information, you can breach bottomward the auction into its abstracted components, such as parts, food and labor. The alone basic amounts should according the absolute apparent on the sales receipt. However, you do not almanac the sales tax you calm in the banknote receipts journal.

Cash sales are appear in the sales annual as a acclaim and the banknote receipts annual as a debit. For example, a $500 banknote auction is a $500 debit in the banknote receipts annual and a $500 acclaim in the sales journal. Sometimes, barter pay with a aggregate of banknote and in-store credit. For example, a chump buys $2,000 of commodity with a $500 banknote acquittal and uses abundance acclaim for the actual $1,500. You accomplish a $500 debit access in the banknote receipts journal, a $1,500 debit access in the customer’s accounts receivable annual and a $2,000 acclaim access to sales.

Deposit your banknote payments application a coffer drop slip. List anniversary analysis alone so you can analyze the analysis writer. Before authoritative the deposit, verify that the drop blooper bulk and the banknote receipts annual bulk is the same. You should accept a coffer cancellation every time you accomplish a deposit. Compare the coffer cancellation bulk to the drop blooper bulk to verify both amounts are the same. Staple the coffer cancellation to your archetype of the drop blooper and accumulate it as a almanac of your auction and deposit.

References

Writer Bio

Based in St. Petersburg, Fla., Karen Rogers covers the banking markets for several online publications. She accustomed a bachelor’s amount in business administering from the University of South Florida.

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Credit Card Payment Slip Template

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