Sometimes, students wil call to say they need a receipt for tax purposes. This is often part of their accounting process, and student will say they were told they could not claim something wihtout it.

Before point of purchase sales

Older busienss models, developed during the anolog era, have a standard model that goes

Account created Purchase made Invoice issued Payment made Receipt issue

As payment methods became more sophisticated, the need for a ‘Paid receipt’ has reduced, with many businesses issuing a “paid invoice” instead.

But retail

Over the counter reatil transactions are one of the main interations that still use a receipt for purchase… until you look at the ‘receipt’.

At Coles, IGA and Woolies, each ‘Receipt’ has the words ‘Tax Invoice’ at the top. Barely noticable, but an importatnt distiction. In real terms there is no difference between a “paid recepiet” and a ‘Paid Tax Invoice’, but in business processing, if the invoice and the payment are made at the same time, or the payment plan agreement set up, then the invoice is a ‘paid invoice’and no recpeit is needed.

If you have an individual payment, for each example, a deposit is paid, then later on a final payment is made, each payment may receive payment receipt, or confimraiton that the payment was made. This is not a ‘’

Proof of purchase

For tax purposes, you need to have a proof of purchase. This can be in the form of

  • a tax invoice
  • a printed cash register or hand written receipt
  • a credit or debit card statement
  • a lay-by agreement
  • a receipt or reference number given for phone or internet payments.
  • a warranty card showing the supplier’s or manufacturer’s details and the date or amount of the purchase
  • a serial or production number linked with the purchase on the supplier’s or manufacturer’s database
  • a copy or photograph of the receipt.