Definition of

Receipt of fees

Professional services

A fee receipt certifies the delivery and receipt of a payment to the person who provided a service.

A fee receipt is a document that certifies the delivery and receipt of a payment to a worker for a service provided. The concept is also mentioned as receipt for fees .

It should be noted that receipt is a word with several uses. In this case, we are interested in highlighting its meaning as the document that records the receipt of something. Fees , for their part, are the payments that a professional receives in exchange for developing their activity and providing their services.

Example of delivery of a fee receipt

Suppose an Economics graduate is hired by a company to perform an audit . This worker is not a permanent employee of the company in question: he is an external professional who invoices his services for the work performed.

This graduate agrees to a payment of $3,000 per month for the development of the audit , which will last for a semester. At the end of each month, the company will pay you said amount and the professional will deliver the invoice and the corresponding fee receipt, certifying that you have already received the money that corresponds to you. Thanks to this receipt of fees , the company has support from the professional that it has already fulfilled its payment obligation.

Document

A fee receipt serves as proof.

Data to include

Generally, the fee receipt mentions the name of the professional (the person who receives the fees and delivers the receipt), the name of the person paying, the date of issue, the amount (the money that is delivered/received) and the concept. (the description of the work performed).

If we return to the previous example , the fee receipt could mention: «March 5, 2015: I received from Electronica Martínez López the sum of $3,000 for a general financial audit. Signed: Lic. Ramiro Pedrozzo» .

At a general level, it can be said that a fee receipt must include the following information to be valid:

  • Personal data of the person who creates it, such as name and surname, address, ID...
  • Data of who receives it.
  • The name of the aforementioned receipt .
  • The numbering corresponding to the receipt number.
  • The date.
  • The type of service that has been provided.
  • The amount or economic quantity in question.

However, in some countries it is considered that all this information must also be added if the payment is made at once or in installments, the tax regime in which the issuer is taxed and if the payment was made in cash or another way. .

Electronic fee receipt

Currently, thanks to the advancement of technology and the fact that it is increasingly used not only on a personal but also professional level, what is known as electronic fee receipt has emerged. As its name indicates, it is a receipt that is not physically presented on paper, but electronically through a computer, Internet portal or specific software.

There are numerous templates on the Web for creating this type of receipts and then, if you wish, being able to print them. There are many sites that offer the generation of this type of document, without forgetting that there are also specific programs that have been created with the aim of being able to do them in a simple and comfortable way.