A general receipt is used as an acknowledgment of the basic business process. Sometimes money is given or taken for some small activity between two individuals who are neither service providers nor retail. For such kind of exchange of money if you want to keep a record of the payment at both ends then a general receipt is used. Also sometimes when your retail shop or service shop is dealing with someone in a process that does not require their invoice receipt then a general receipt is used. When you have to give proof that you received or gave money…
