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The video tutorial explains how to fill out generic receipt books, available at Walmart for around $2.88 and containing 50 receipts. To complete a receipt, start with the date, your company name, and the amount for the job or service, similar to writing a check. It's important to specify what the service, like tile and grout cleaning, is for record-keeping. The receipt should also include details on how the payment was made, the total amount owed, the amount paid, and any remaining balance. Keep the yellow copy for your records and give the white copy to the customer.