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The video tutorial discusses how to fill out generic receipt books, which are available at Walmart for around $2.88 and contain 50 receipts each. Key steps include writing the date, your company name, and the total amount for the job, service, or product at the top. It's essential to specify what the payment is for to ensure proper record-keeping. The tutorial also emphasizes including details such as how the payment was made, the amount owed, the amount paid, and any remaining balance. Finally, keep the yellow copy for your records and give the white copy to the customer.