Short answer
Your payment tool generates one for you. After a confirmed crypto payment, the app produces a receipt showing the dollar amount, the crypto amount, the date, and a transaction reference. You can print it, email it, or show it on screen, just like a card receipt.
What a good crypto receipt shows
- The dollar value of the sale.
- The crypto amount and type.
- The date and time.
- A transaction reference or ID for your records.
Keep a copy for your own books. That same information is what makes tax time straightforward.
Common misconceptions
- That crypto payments cannot be receipted. Processors and wallet apps produce receipts automatically.
Things to avoid
- Discarding the transaction reference. It is your proof of payment and a bookkeeping anchor.