What is the cash bill used for?
What is the cash bill used for?
A cash bill is a receipt that can be used as proof of trade. At the store, it's time to go shopping. Or get services from small shops that are not properly registered. But the proof of finance is accepted by the IRS. and can be used as a company expense document Details are as follows:
- Name and address of seller-buyer
- taxpayer identification number or identification number
- Product or service details and amount
- related expenses
The cash bill will not have complete details like the information mentioned above. making it unable to be used as an expense document of the company The Revenue Department therefore issued a measure for sellers to be able to issue cash bills. so that the company can use it as an expense The details are as follows:
- Preparation of receipt documents by specifying the name of the payee, address, taxpayer identification number or identification number Day/month/year of payment product or service details, amount of money, and payee's signature
- If an individual A copy of your ID card must be attached. along with a certified signature
- If there is a high spending amount should use the money transfer method to collect proof of payment as Payslip
- If it is a service Must have withholding tax with a certificate issued to service recipients To take the tax withheld and send it to the Revenue Department
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