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The video tutorial explains how to fill out generic receipt books, which can be purchased at Walmart for around $2.88 and contain 50 receipts. To complete a receipt, start by writing the date, your company name, and the amount for the job or service at the top. It's important to clearly indicate what the receipt is for, such as "tile and grout cleaning and resealing." The tutorial emphasizes filling in details on how the payment was made, the total amount owed, the amount paid, and any remaining balance. Finally, sign the receipt at the bottom, keep the yellow copy for your records, and give the white copy to the customer.