Define: Receipts

UK Accounting Glossary

Definition: Receipts


Quick Summary of Receipts


A generic term for cash coming in, ranging from one invoice to the whole company’s payments received over a certain period.



What is the dictionary definition of Receipts?

Dictionary Definition


The action of receiving something or the fact of its being received.

  1. The act of receiving, or the fact of having been received.
  2. obsolete The fact of having received a blow, injury etc.
  3. in the plural A quantity or amount received; takings.

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Examples of Receipts in a sentence


After the quantitative analyst determined that the likelihood of receipts from 90 days past-due invoices was only 5%, the CFO had his staff research collection services.
Last year’s receipts showed a marked increase after the implementation of the customer relationship management program.



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/receipts/
Modern Language Association (MLA):
Receipts. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/receipts/.
Chicago Manual of Style (CMS):
Receipts. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/receipts/ (accessed: April 04, 2020).
American Psychological Association (APA):
Receipts. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/receipts/

Definition Sources


Definitions for Receipts are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.