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The video tutorial discusses the use of generic receipt books, available at Walmart for $288, containing 50 receipts. To fill them out, start with the date and your company name. Specify the amount for the job or service, similar to writing a check. Include details like the purpose, for example, "tile and grout cleaning and resealing," ensuring accurate records. Document payment details, including how much was owed, how much was paid, and any outstanding amount. The presenter emphasizes keeping the yellow copy for your records and giving the white copy to the customer.