Commerce Glossary

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What is a Sales Receipt?

sales re - ceipt
noun
An electronic or paper record of a transaction, generated at the point-of-sale.
How Does a Sales Receipt Work?

Whenever a customer purchases a product or service, he or she will receive a paper or electronic note that usually includes the merchant's name and address, as well as the transaction number, the date, the item sold, and how much was charged for that item or service. Tax is often included in a receipt. Some point-of-sale devices include a touchscreen where customers can email the sales receipt to themselves.

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