The rent receipt or rental invoice refers to a formal document recording and proving payment of rent. There may be variations, depending on the countries and states as one may have a different set of regulations compared to the other. And although the one you are living in doesn’t require you to provide one for your tenants, it is never a bad practice to do it anyway. And with rent receipt template, making your own is no longer difficult and time consuming anymore.
Free Rent Receipt Templates
You can always find the rent receipt template to use for free. This way, all you need to do is only print the receipt template and use it immediately when needed. Alternatively, you can also consider editing the format first before printing it on a sheet of paper. Templates for Word or Excel are those that can be edited first. But if you don’t really need to modify it, then the templates in PDF will always do.
Information to Provide
Regardless of your choice, always be sure that the template for rent receipt you plan on using contains these elements, especially if you prefer using the PDF version that doesn’t need to be modified first. The information to be provided on the rent receipt template is typically the date of payment, the address of the rented property, name of tenant, period of rental, the sum received by the landlord (this can be for utilities, rent, or rent deposit), name of landlord or company that rents the property, and signature of the landlord.
In a rental invoice, there is some information important to include, too. They are mostly related to the payment, such as method of payment, “paid by” field if invoice is paid by somebody else than tenant, “received by” field if somebody else than the landlord receives the sum paid, and balance due.
When you are making your receipt and using it, there are some important tips you will always find useful knowing and doing. First, it’s best to include fields for all information necessary and required in the receipt. Do not forget to include line(s) for signature and keep the copies of all receipts for future uses, such as when there will be questions regarding the payments.
It is always recommended to make a receipt for each monetary transaction, even though it is not required by law. And speaking of the receipt requirements, you can check the state regulations first to make sure.
When you, as a landlord, permit a payment schedule in a particular period of time, using an invoice receipt is always a practical solution. And last but not least, do not forget to check the actual rental invoice or rental receipt for the situation.
With rent receipt template, you can make your own easily and fast, even without having you to modify the format or contents first before using. Even though you may not be required to provide a receipt for the tenant, it is always a good practice to do so as it has many benefits.
Rent Receipt Template