Official Receipt

Always ask for a receipt when you do purchases and/or payments; whether of from a grocery store or a government agency.

This serves as an acknowledgment of the received money in exchange of the products or services.

But why is it so important to ask for this?

Major reason would be about the revenues. Taxes are included in our purchases, thus, payments include money that should belong to the government funds.

If no receipt is issued on a transaction, it means that there are no purchases made, and if there are no purchases, there are no taxes, no taxes no input on the national funds.

And the minor reason for asking for the receipts maybe for exchanges/returning of products or refunds from the purchase.

Receipts are also important on budgeting household, personal or business expenses.

Usage of the receipts varies, but all of them are important whether or not you know its purpose; just ask for it.