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The tutorial discusses using generic receipt books, available at Walmart for $2.88, which contain 50 receipts. To fill them out, start by entering the date and your company name. Then, detail the service or product provided, such as "tile and grout cleaning and resealing," ensuring clarity for record-keeping. Include the total amount owed, what was paid, and any outstanding balance. The presenter emphasizes that you should keep the yellow copy for your records and give the white copy to the client.