A daycare receipt template is a recommended tool if you wish to prepare a professional format. It is issued by a daycare service provider agency for providing custodial care for their child or children. The primary purpose of issuing a receipt is to maintain a proper record of every client as well as to deduct advance tax, which they are required to submit to tax authorities. There are many states which issue licenses for daycare centers which can provide receipts. Otherwise, it is not common for independent home daycare centers to issue a receipt. For the regulation of this business, it is necessary for each and every one related to this business to issue receipts. Without having a license, daycare centers cannot provide their services to their clients.
Information Required in a Daycare Receipt?
The daycare receipts are prepared according to the requirements of daycare centers because every client wishes to receive legitimate proof that he/she has availed their services. A professional daycare receipt consists of crucial details about the transaction. It includes the name of the company, address, contact number, client information, child name, age, time of stay, pick and drop details, service type, charges and mode of payment. Perhaps, a daycare receipt can also be printed on a letterhead as it gives more authenticity to clients. Moreover, it is also necessary to mention the medical condition of the child if the child is allergic to any group of medicine or food. The full name of the attendant or the daycare nanny should also be mentioned and there should be the signatures of both the parties.
Benefits of a Daycare Receipt
As required by law, a daycare services receipt should be handed over to the parents, either by the staff of the daycare center or online by visiting their website. The main purpose of having this receipt is to keep an accurate record of all transactions. Therefore, one copy of this receipt can be provided for parents and a copy is kept by the management of a daycare center. These receipts also help a daycare center to search for a client or get information about a specific transaction, if it is necessary. The management can also learn about their monthly or yearly income with the help of this receipt. Besides, it assists in keeping an eye on the amount of tax that a center has to deposit or pay. So, it plays a major role in the computation of the amount of tax which can be used while filing annual tax returns. Having an already prepared daycare receipt could be a great time saver for these centers as well as for clients. In almost all the receipts you need to mention more or less the same kind of data, hence it will be easier for the one who is preparing it.
Template for Daycare Receipt
