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The video tutorial explains how to fill out generic receipt books, available at Walmart for $2.88 and containing 50 receipts. To complete a receipt, start by entering the date, your company name, and the amount for the job or service. Specify what the receipt is for, such as "tile and grout cleaning and resealing," to provide clear records. Include details on how the client paid, the total amount owed, and any outstanding balance. Once filled out, keep the yellow copy for your records and give the white copy to the client.