An Expense Receipt is a fundamental financial document used in Irish business operations to record and verify financial transactions. It serves multiple purposes: providing proof of purchase, supporting tax compliance, enabling expense tracking, and facilitating audit trails. The document must comply with Irish tax legislation, particularly regarding VAT requirements, and include specific elements mandated by the Revenue Commissioners. Expense Receipts are essential for businesses of all sizes operating in Ireland, supporting both internal financial management and external reporting requirements. They play a crucial role in maintaining accurate financial records, processing employee reimbursements, and supporting tax deductions. The document should always include the vendor's details, VAT information, transaction specifics, and other elements required under Irish law.

1. Business Information: Legal business name, address, and VAT registration number of the entity issuing the receipt

2. Receipt Number: Unique identifier for the receipt for tracking and accounting purposes

3. Date and Time: Date and time when the expense was incurred

4. Item Details: Detailed breakdown of goods/services, including individual prices and quantities

5. Tax Breakdown: VAT rates applied and amounts, clearly separated by rate category

6. Total Amount: Total amount including and excluding VAT, clearly separated