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The tutorial discusses how to use generic receipt books, which are available at Walmart for around $2.88 and contain 50 receipts. To fill out a receipt, start with the date, your company name, and the amount for the job or service. Specify what the payment is for, such as "tile and grout cleaning and resealing," to ensure accurate records. Include details on how the payment was made, the total amount owed, the amount paid, and any outstanding balance. The speaker notes to keep the yellow copy for your records and give the white copy to the customer.