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The video tutorial discusses how to effectively use generic receipt books, available at Walmart for around $2.88, which contain 50 receipts. To fill out a receipt, start by noting the date, your company name, and the amount for the job or service. Clearly specify what the charge is for, such as "tile and grout cleaning and resealing," to ensure proper record-keeping. 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 provide the white copy to the customer.