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In this video tutorial, the speaker explains how to fill out generic receipt books, which can be purchased for about $2.88 at Walmart and contain 50 receipts. To complete a receipt, start by entering the date, your company name, and the amount for the service or product, similar to a check. Specify the purpose, such as "tile and grout cleaning and resealing," for record-keeping. Include details on how the payment was made, the total amount owed, the amount paid, and any remaining balance due. The speaker notes to keep the yellow copy for your records and provide the white copy to the client.