What is a bill of sale?

A document used in business entities especially in retailing and distribution which describes the prices and details of the items which are sold to a party is called a bill of sales. It is a very important and vital document that is used as a record of making the sale and is often used for accounting and auditing purposes in an organization.

What is a bill of sale form?

Every organization that is involved in the process of selling its products and services to clients have a form known as a bill of sale form. This is a pre-written document that is used to fill in the details of the sales to keep a record or receipt of the transaction.

Contents of the form:

The contents of the bill of sale form vary according to the needs and requirements of the organization that is using the form. But in a general practice, the basic fields mentioned in the form are given below:

• Details of the seller
• Name of transaction executor
• Details of the buyer who has made the purchase
• Information and data related to the product or service sold. This may include model, product no. color and other such properties
• Date and time of making the sale
• Price of product or service sold
• Mode of payment

These are only a few general terms and fields that are mentioned in a bill of sale form. It can vary according to the needs and requirements of the organization and user.

Sample Preview

 

Bill of Sale Form for Equipment
Microsoft Word document file | File size 114 KB | Download

The file can be download in OpenOffice format (.odt)

OpenOffice Format
File size 24 Kb | Download

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Bill of Sale Form for Vehicle
Microsoft Word document file | File size 108 KB | Download

The file can be download in OpenOffice format (.odt)

OpenOffice Format
File size 23 Kb | Download