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The video tutorial outlines the dos and don'ts of writing receipts for money collected from students. It emphasizes the importance of using receipt books provided by the bookkeeper, who must be informed of any money collected. Receipts should be written in order from the receipt book, with only the white copy being given to the student. A separator at the back of the receipt book is essential to prevent ink transfer between receipts. Each receipt includes a carbon copy, and it begins with the date, followed by the name of the student (not the parent) from whom the money is received. Following these steps ensures accurate record-keeping.