A Collection of Receipts refers to a gathering or accumulation of various documents that serve as proof of financial transactions or exchanges. It represents a compilation of individual receipts derived from diverse sources, such as purchases, expenses, invoices, or payments made. These receipts typically include details like dates, amounts, items purchased, involved parties, and additional relevant information. Collecting and organizing these receipts can be crucial for record-keeping, financial management, budgeting, and potentially claiming reimbursements or tax deductions. A collection of receipts plays a fundamental role in validating financial activities and providing an audit trail for individuals, businesses, or organizations.
Example sentences using Collection of Receipts
1) The collection of receipts serves as proof of purchase for all our expenses.
2) I organized the collection of receipts in a file by month and category.
3) When filing taxes, it is crucial to provide a complete and accurate collection of receipts.