Such documents are used in the accounting of both businesses and their clients. This way, you will be sure you won’t miss any critical information. However, it is best to use the Word template for a receipt, which already has all the fields necessary to fill out. Since these forms are optional, you can create them manually on paper or electronically. Although the laws of many countries do not oblige businesses to provide such papers for each transaction, it is still recommended to use the Word template receipt of payment to confirm the transfer of money to your account in writing. They confirm the receipt of payment for the work you have completed. For example, receipts are often employed at the final stage of customer interaction. Many people are familiar with the invoices’ features, but not everyone knows that there are other forms that can be used in the companies’ document flow.