you use a Sales Receipt transaction when you receive the payment from your customer the moment you provide the goods or services.

When Should sales receipts be prepared?

Basics. Sales receipts should be generated at the time of the transaction when money changes hands. Receipts protect both the customer and the company by detailing the products or services purchased, the date and time of the sale, the price paid and any other relevant information.

When Should a receipt be given?

You give customers receipts after they have paid for a product or service. Receipts include information on the goods or services sold, like price, quantity, discounts, and taxes.