Purchase Receipt

Acquiring or buying a product or services for an individual or an organization is called purchase. The invoice or instrument serving as a medium of authentication for this process is called a purchase receipt. Whenever a purchase is made a receipt is printed. A purchase can be made by an individual from a retail outfit or a service provider. But most commonly these purchase receipts are used between buyers and suppliers. A buyer can be a retail outlet or an assembling out of the outlet. Suppliers can be distributors and raw material providers. In any scenario, for an individual or…