A Bundle of Receipts refers to a collection or group of printed or electronic documents that serve as proof of past financial transactions and expenses. Much like a bundle, which implies a neat and organized bunch of objects held or wrapped together, a bundle of receipts suggests a compilations of these documents that are held or gathered in a consolidated manner. This collective noun phrase is often associated with financial accounting or record-keeping, where individuals or businesses bundle their receipts together for various purposes, such as tax preparation, expense reimbursement, or auditing. It embodies the idea of bringing order and structure to a potentially chaotic assortment of transactions, as receipts represent evidence of incurred costs and provide evidence for potential refunds, deductions, or reimbursements. Utilized across industries and sectors, a bundle of receipts can take many forms, from a physical stack of printed paper receipts neatly preserved in a chronological or category-wise order, to an electronic folder or database with digitized copies of the original documents. It represents a comprehensive documentation system that facilitates financial management, review, and analysis. The designation bundle suggests a collection that contains valuable information, requiring careful preservation and consideration. As such, maintaining a bundle of receipts signifies the importance of accurate and meticulous record-keeping practices. It ensures businesses and individuals can meet legal and financial obligations by properly accounting for their expenses and being able to substantiate monetary transactions when needed. Given their association with financial accountability, a bundle of receipts holds significant importance in record-keeping and organizing one's financial affairs. They serve as a tool for ensuring financial transparency, proving the legitimacy of transactions, and providing insight into an individual or organization's economic activity. Ultimately, the phrase bundle of receipts portrays the collective embodiment of financial responsibility and due diligence while embodying the necessity of methodical documentation and organization in financial record-keeping practices.
Example sentences using Bundle of Receipts
1) I found a bundle of receipts in the bottom of my bag that I had forgotten about.
2) This bundle of receipts is from last year's holiday shopping frenzy.
3) Sorting through the bundle of receipts, I realized I had spent way more money than I had intended.