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The video tutorial discusses how to use generic receipt books, which contain 50 receipts and cost $2.88 at Walmart. It provides a simple guide for filling out the receipts: begin by writing the date, your company name, and the amount for the service or product, similar to a check. Clearly specify the purpose of the receipt, such as "tile and grout cleaning and resealing," for proper record-keeping. Include details on how the payment was made, the amount owed, and the amount that has been paid. The presenter emphasizes that you should keep the yellow copy for your records and provide the white copy to the customer.