What is an official receipt?

 Official receipt is issued by the seller to the buyer as written evidence

on sale of services or leasing of properties, as well as
acknowledgement on collection of cash payment on services
rendered. It serves as basis of the output tax liability of the seller and
input tax claim of the buyer.

When do you issue an official receipt?

 An official receipt is issued to a customer upon cash collection of
service fee or service billing, for service rendered.

Who writes the official receipt?

 The official receipt is issued by the cashier or any person holding the
company’s cash or collection.

Where to keep the issued official

receipt?
 The official receipt is placed and issued in the business premise and
usually safeguarded by the cashier. The accountant or bookkeeper
may also be the keeper of the issued or used official receipt since
they use it as evidence and basis of recording.

What are the penalties for failure or

refusal to issue receipts?
 Criminal Penalty: Fine of not less than P1,000 but not more than
P5,000 and imprisonment of not less than 4 years.
 Compromise Penalty:
a) For failure to issue receipts – First offence is P10,000. Second
offence is P20,000. Subsequent violations shall not be subject
to compromise.
b) For refusal to issue receipts – First offence is P25,000. Second
offence is P50,000. Subsequent violations shall not be subject
to compromise.

Additional information:
• PRESIDENTIAL DECREE NO. 1254 •
Further amending the National Internal Revenue Code by adding Sec.
220-A providing specific penalties for failure or refusal to issue
receipts or sales or commercial invoices, for violations related to the
 printing of such receipts or invoices and for other violations in
connection therewith.

Anatomy of an official receipt:

The name of the Business Enterprise, the Address and the
Proprietor

The Tax Identification

TheNumber
Control
Number

The Amount

The Form of The signature of the

Payment authorized person to
accept collection

August 17, 2019 August 19,

2019
August 24, 2019 August 28,
2019
August 29, 2019 August 31,
2019
August 31, 2019 August 31,
2019
August 31, 2019 August 31,
2019
 When I asked if I can have
an Official Receipt, she said
“Sure!” Then she asked for
my name and address.
When I asked if I can have
an Official Receipt, she said
“Sure po.” Then she asked
for my name and address.
When I asked if I can have
an Official Receipt, she said
“Sure po.” Then she asked
for my name and address.
When I asked if I can have
an Official Receipt, she said
“Sure po.” Then she asked
for my name and address.
When I asked if I can have
an Official Receipt, she said
“Sige po Sir.” Then she just
asked my name.
When I asked if I can have
an Official Receipt, she said
“Sure po.” Then she asked
for my name and address.
When I asked if I can have
an Official Receipt, she said
“Sure po.” Then she asked
for my name and address.
When I asked if I can have
an Official Receipt, she said
“Sige po Sir!” Then she
asked for my name and
address.
When I asked if I can have
an Official Receipt, she said
“Sure Sir.” Then she asked
for my name and address.
Since I paid for my tuition,
the cashier will surely give
me an Official Receipt with
my name on it.