| Invoice | Receipt |
| Invoice is Issued using invoice generator tool before payment is received, as a request for payment for goods or services offered. | Receipt is issued when payment is received, as a confirmation and record of transaction. |
| Invoice contains information on how to pay or contain outstanding balances for transactions. | Receipt reflects the full amount paid. |
| Invoices can be used for legal purposes, like collecting outstanding balances or in contract disputes. | Receipt generally doesn't hold any legal purpose but is helpful as a supporting document. |
Online Receipt Generator | Maker
Create professional receipts in seconds with Vyapar's free online tool. Impress clients & Go Paperless!
How to create a Receipt online with our
Free Online Receipt Maker / Generator?
Our online receipt generator makes it seamless to create a receipt. Follow these five simple steps to create a receipt.
1. Enter Details of Business
Fill out your business details and contact information in the "From" section. Fill out the necessary details like company name, business logo and GSTN number of your business.
2. Enter Details of Receipt
Fill the details of your receiver in the “Form” section. Update the information like name and address.
3. Mention Products and Charges
Provide proper name, quantity, unit, GST rate if applicable and description of each service or product delivered. Include the receipt number, date of issue and due date.
4. Add Terms & Conditions
Online receipt generator by Vyapar includes an additional column where you can update any additional information or instructions if applicable.
5. Preview and Share/Download
Have a preview of all the details that you have mentioned, if any changes, you can go back and edit. Once finished, you can email to your customer, get a print-out or download it as a PDF file.
Key Features of Vyapar Free Online Receipt Generator
100% Free
Mobile-Friendly
Professional & Accurate
Download & Share Online
Benefits of Using a Receipt Maker by Vyapar
Vyapar's free online receipt maker is a powerful and user-friendly solution for businesses.. You can generate customized and professional receipts in less than a second.No matter what receipt you want to generate whether you need a receipt for goods or services purchased or tuition /school fees paid or any other forms of it, Vyapar receipt generator has you covered. Here's how Vyapar's receipt generator can benefit your business:
1. Free Receipt Generation
Vyapar online receipt maker is free to use. There are no hidden charges or limitations. You can generate unlimited receipts for your business and save your valuable time. Whether you are a small business owner or a growing business owner, Vyapar automates your generation process. Generate as many as receipts you require without any restrictions.
2. Reduced Manual Errors
Vyapar receipt maker online contains predefined fields which ensures a consistent standardized format, minimizing mistakes in service/item description, prices, and calculations. Vyapar free online receipt generator creates a secure template eliminating the risk of mistakes.
3. Create Customized Receipts
Vyapar Online payment receipt generator goes beyond generic templates as while generating it you can upload your brand logo, select format colour, update customer name and details and much more. This way every bill you generate using receipt creator online becomes mini-advertisement for your business.
4. Build Customer Trust
Customers always appreciate a well organized, and error free receipt. Using Vyapar free receipt generator you can create receipts online with a professional look, fostering customer trust.
Providing detailed receipt with accurate product information,and pricing depicts transparency between buyers and sellers.This fosters a smoother customer experience and strengthens trust.
5. Download and Share online
Receipt maker tool has the flexibility to download and share it digitally. You can save, download, print and share directly to your customers via email or other digital channels.This provides immediate access to the details and eliminates the need for physical exchange.
Tips to Make a Great Receipt with
Vyapar's Free Online Receipt Maker
Giving your receipt a professional touch can help you stand out among competitors as your customer's valued partner. Creating a good one requires you to include all professional standards.
You need to make sure you should not be creating fake receipts as Vyapar receipt generator refrains from creating fake fake payment receipts. These kinds of activities are unethical and will go against our principal.
You can follow the following things to make a good receipts for your customer:
1. Go Digital with Download and Sharing
Use digital receipts instead of manual ones as they look professional and are error free. Vyapar also allows you to download receipts in PDF format and share them digitally.
2. Mention The Instructions Clearly
Write terms and conditions like refund and return policies along with other instructions. This will help to keep transparency between buyers and sellers. This will also empower customers to understand their rights and therefore build trust.
3. Consider Branding and Customization
Vyapar online receipt generator allows customization options. You can include the company logo and choose color as per your brand. This adds professionalism and creates a positive brand identity.
Why Do You Need a Receipt for Your Business
1. Record keeping
Receipts act as a proof which records each sales transaction including item sold, price, and the date.
2. Tax Compliance
Using Vyapar receipt maker you can generate tax compliant receipts which will be an evidence of tax paid and use this record while tax filing.
3. Customer Trust & Transparency
Receipts provide a clear record of sales and purchases, forecasting trust and transparency in your business communication.
4. Return and Refund processing
Receipts are often required for returns and refunds processing. You can verify the purchase and ensure good customer experience.
5. Disputes Resolution
In case of any disputes, receipts act as official documents to solve disputes with purchasers or customers.
How Vyapar app is a better alternative
to Receipt maker ?
A receipt maker tool allows you to create simple receipts. It is a great choice when you have to do it once in a while. However, if you have to run a business, you need to employ a quick method to create a receipt. The best choice is to have software that can automate the manual process as much as possible.
Vyapar allows you to create professional receipts with a simple click. You can get the required data from your invoice, thereby eliminating any redundant tasks. Further, Vyapar is a complete solution for all your accounting requirements. So, you can handle your finances in one place using our free accounting software.
1. Inventory Management
With Vyapar you can track stock levels easily. Vyapar provides real-time inventory update experience, allowing you to stay updated about the stock quantity available. Whether you sell or purchase items your inventory levels gets automatically updated. Plus, you will receive low stock alerts, ensuring you're always aware of when to restock your items.
Additionally, you can update all your inventory items as per unique name, number and quantity available. This helps you to dive deeper into your inventory report and gain comprehensive insights into your item performance and overall inventory status.
2. Customizable Template
Vyapar allows users to customize various business templates like quotation, purchase order, sales and receipts according to the branding preference and business needs. Users can add business logo and company information to ensure brand consistency. Vyapar also offers 10+ different professional templates for generating various transactions.
3. GST Compliance
Vyapar billing software is a useful application for both GST and non-GST business transactions. It can be customized according to the requirements. Using Vyapar you can get proper GSTR reports that are useful in tax filing. These reports are auto-generated and therefore it eliminates the risk of errors and mistakes. Its user-friendly interface is very easy to use and therefore one who has no prior experience in accounting can also use Vyapar and file GST.
4. Multiple Payment Options
You can accept payments via various payment methods like cash, credit cards, debit card, and UPI through integrations with payment gateways. This feature provides flexibility and convenience to the customers.
5. Reports and Analysis
Vyapar offers 30+ reports for valuable insights of your business performance. You can track sales trends, shortlist top-selling products, and analysis other financial reports.Using these insights you can make informed decisions and optimize business strategies.
6. Data Backup
Vyapar app ensures data security of your business information. Using this feature you can safeguard your financial records, customer details, inventory data, and other critical information against potential loss. By regular data backup you will be able to secure your historical data and minimize the risk of data loss due to unforeseen events.
Try Vyapar for all your business needs!
Types of Receipt You Can Create with
Vyapar's Free Online Receipt Generator
Vyapar online payment receipt generator isn’t just a generic receipt generator tool. It offers the flexibility to create various types of it online as per your requirements. Here’s how it suits different scenarios:
1. Product Sales Receipts
Generate sales receipts against any item you sell which includes details like item name, unit, quantity, and prices. Sales Receipt is a valid statement that is used as a proof of the goods sold.
2. Service Receipts
If you are a service provider then you can generate a service receipt for the service rendered, updating the service details like name and amount. You can easily customize the Form column from item name to service name and update the remaining details.
3. Cash Receipts
Vyapar Cash receipt generator helps you create acknowledgement of the cash amount received which is not against any sale. Examples include cash donation, loan and customer deposits.
Differences between Invoice & Receipt
FAQs
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Who issues a receipt?The seller issues the receipt for a transaction to the buyer. It is proof of the exchange of services between the two parties. It is given after the payment is successfully made by the buyer. The buyer can use the receipt later for reasons like claiming a refund.
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What is a payment receipt?A payment receipt is legal proof of full or partial payment for a product or service. It is issued to the customer by the seller to acknowledge that they have received the payment.
Sometimes it is also referred to as a "Receipt for payment". These receipts are useful to both buyers and sellers, as they act as a method to drive clear communication between the buyer and the seller during a sale process. It also serves as a reminder to the customer for making a due payment. -
What are the types of receipts?Receipts are mainly classified into two types:
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Revenue receipts:
The receipts that arise through core business activities are termed "Revenue receipts". These receipts occur many times as they are part of everyday business activity. However, it is includedonly in the current accounting year as its effects are short term. It is issued against all daily business operations that bring income like:
- Sale of goods from the inventory
- Services provided to the customer
- Interest received on income
- Discount received from suppliers
- Rent or dividend received
- Sale of waste material
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Capital receipts:
The receipt that occurs due to non-recurring income sources is termed as "Capital receipts". Mostly, the investing and financing activities generate this income. These receipts either increase the liability of a business or reduce its assets. It is issued against the listed sources:
- Claiming an insurance
- Loan received from any financial institution
- Issue of debt instruments
- Issue of shares of a business
- Government grants
- Fresh capital introduced by proprietor
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Revenue receipts:
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What is the main difference between an invoice and a receipt?The seller issues an invoice before receiving payment as a document for requesting payment. It is provided once the items are delivered to the buyer. However, a receipt is issued by the seller after receiving payment as an acknowledgement. A sales receipt confirms that a particular product is purchased from this seller. It can be used to claim a warranty or return a product if it is faulty.
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What is the major difference between receipt and payment?Payment is made against the invoice of goods and services purchased by a buyer. It is the amount that the seller asks a customer to pay in return for the purchase. However, a receipt is an acknowledgement that clarifies that the buyer made a payment, partial or full. It is a proof of payment that the buyer is no longer liable for the amount they have paid already. You can create a receipt using our online receipt generator.
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What should a receipt include?A receipt is essential for maintaining a business record. It should include all vital information to create a professional document. Here is a list of crucial things that should be included in a receipt.
- Contact details of your business with address
- Transaction date and time
- Complete list of goods and services involved in the transaction
- Quantity of each item delivered
- Payment method used by the buyer to pay
- Taxes and charges involved
- Terms and conditions with return or refund policy
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How do I make a handwritten receipt?You can quickly make a handwritten receipt by following the steps listed below. However, we will suggest using Vyapar to handle all the transactions to reduce the error involved in the manual process.
- Buy a receipt book to make receipt quickly
- Write the date and receipt number on top of the receipt
- Enter the contact details of your business
- Make a list of goods and services purchased
- Enter the quantity and cost of each product
- Add subtotal at the bottom of the list
- Include all taxes and other charges liable to the order
- Provide a grand total of the order
- Write down customer name, necessary contact details, and payment method
- Hand over the receipt to the buyer and keep one copy of the receipt for yourself
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Is it safe to throw receipts away?A receipt is safe to throw if it does not include any personal information other than the buyer's name. Some such receipts are grocery receipts and coffee shop receipts. It is better to shred the receipts as they might contain important information like those in ATM receipts and bank statements.
Make sure to shred away any receipt that contains your credit card number, contactdetails, or signature. Also, it is better for a seller to keep a record of the sales as it helps in filing taxes. So, have a digital or physical record of all transactions and save a backup for the same. -
Why do stores ask if you want a receipt?The store's cashiers are concerned that the buyer might not keep the receipt and throw it away on their way out of the store. So, when a customer refuses to take it, they put it in the garbage and shred it off so that no one can access details of the customer written on receipts. However, you should take the receipt and keep it as proof of payment.
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Is a receipt a debit or a credit?Every accounting transaction is a mixture of credits and debits. To maintain balance, the value of debits equals to that of credits. Our accounting software can help you take care of credits and debits in a receipt. Credit or Debit is mentioned on top of receipt to indicate a debit or a credit receipt.
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Can you make a fake receipt?You can make a fake receipt for trial purposes only. Before finalizing a design for your receipt, businesses often create fake receipts by mentioning "Fake Receipt" on the title. It can help you understand how your receipt will look like to finalize your design after customization. However, make sure to never issue a fake receipt to the customer as it can portray a negative image of your brand.
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How do I create my own receipt?Create a free receipt using an online receipt maker by following the below steps:
- Update your company details like logo, colors, and contact information
- Update Customer name and address
- Update product information like name,quantity, unit and GST if applicable.
- Add additional information like terms and conditions.
- Download it as a PDF or share it electronically with your customer.
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How to make an e-receipt?You can create a-receipt using a software application. Follow the instructions below:
- Choose an e-receipt platform and integrate it with the point-of-sale system.
- Update the transaction details like customer name, item details, and tax if applicable.
- Customize the format like updating logo, color and other details.
- Finalize and send the format to your customers.
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Is there a receipt maker app?Yes, Vyapar free online receipt maker is a good option to generate free unlimited.
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How to generate a bill receipt?
- Use Vyapar Online payment receipt generator
- Update Date
- Fill Customer name (optional)
- Item or service descriptions
- Quantities
- Prices
- Applicable taxes (if any)
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How to make a cash receipt?
- Select the cash receipt option
- Fill in the company, payer or receiver details
- Update the total amount
- Download and share
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What is a receipt generator?A receipt generator is a tool that generates receipts for free. You can use the online receipt generator tool by Vyapar and generate unlimited free receipts.
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Is an invoice a receipt?No, an invoice and a receipt are not the same, although they both serve as documentation of a financial transaction. Invoice is generated before a payment is made and receipt is generated after a transaction is completed.
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