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Full Payment Cash Payment Acknowledgement Receipt for Indonesia

Full Payment Cash Payment Acknowledgement Receipt Template for Indonesia

A formal document governed by Indonesian law that serves as legal proof of a complete cash payment made between parties. This receipt complies with Indonesian financial regulations, including the Civil Code and relevant taxation requirements, providing comprehensive documentation of the cash transaction. It includes essential details such as the parties involved, payment amount, date, purpose, and necessary signatures, serving as an official record for accounting, tax, and legal purposes. The document is structured to meet both regulatory compliance requirements and practical business needs in the Indonesian context.

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What is a Full Payment Cash Payment Acknowledgement Receipt?

The Full Payment Cash Payment Acknowledgement Receipt is a crucial document in Indonesian business and personal transactions, designed to provide legally valid proof of complete payment made in cash. This document type is particularly important in Indonesia's business environment, where cash transactions remain common and require proper documentation for legal and tax purposes. It is used when a party needs to provide or receive formal acknowledgment of a cash payment made in full, complying with Indonesian Civil Code requirements and financial regulations. The receipt serves multiple purposes: it provides legal protection for both parties, meets tax documentation requirements, supports accounting records, and can be used as evidence in case of future disputes. The document is especially relevant given Indonesia's regulatory framework, which requires proper documentation of financial transactions, and is commonly used in both business-to-business and business-to-consumer contexts.

What sections should be included in a Full Payment Cash Payment Acknowledgement Receipt?

1. Receipt Header: Contains receipt number, date, and location of payment

2. Payor Details: Full name and contact information of the person/entity making the payment

3. Payee Details: Full name and contact information of the person/entity receiving the payment

4. Payment Details: Amount in numbers and words, currency, payment purpose/description

5. Declaration of Receipt: Formal statement acknowledging receipt of full payment

6. Payment Method: Specification that payment was made in cash

7. Signatures: Space for payee's signature and witness signature if required

What sections are optional to include in a Full Payment Cash Payment Acknowledgement Receipt?

1. Witness Section: Required for payments above certain thresholds or when requested by either party

2. Third Party Authorization: Used when payment is made on behalf of another party

3. Tax Information: Required when the payment is subject to tax reporting requirements

4. Company Stamp: Required when the receiving party is a business entity

5. Payment Reference: References to invoices, contracts, or other documents related to the payment

What schedules should be included in a Full Payment Cash Payment Acknowledgement Receipt?

1. Copy of Identity Documents: Attached copies of relevant ID cards or business registration documents

2. Original Invoice: Copy of the invoice against which payment is being made

3. Authorization Letter: If payment is made or received by an authorized representative

4. Currency Notes Detail: For large cash payments, breakdown of currency notes denominations used

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Indonesia

Publisher

Genie AI

Cost

Free to use

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