Cash Received Letter Format: How to Write a Professional Letter

When you receive a cash payment from someone, it’s important to acknowledge it with a cash received letter. This letter should include all the necessary information, such as the date, the amount received, and the purpose of the payment. Writing a professional letter will not only show your gratitude but also help build trust with the person or organization sending you the payment.

What is a Cash Received Letter?

A cash received letter is a type of business letter that is typically sent from one person or organization to another to confirm that a payment has been made. It’s a formal way of acknowledging that you’ve received the amount specified in the letter.

How to Format a Cash Received Letter:

The letter should always include a proper heading, date, and salutation. The body of the letter should begin with a formal greeting and acknowledgement of the payment received. The letter should also include details such as the payment date, amount received, and the purpose of the payment. Lastly, end the letter with a closing statement and your signature.

Sample Cash Received Letter Format:

Here’s a sample cash received letter format that you can use to personalize your letter:

Heading:

Your name/company name and address
City, State
Zip code

Date:

Current Date

Recipient Address:

Recipient’s name and company name
Address
City, State
Zip code

Salutation:

Dear Recipient Name,

First Paragraph:

I’m writing to confirm that I’ve received a payment of [amount] on [date]. I’m very grateful for your prompt payment, and I appreciate your trust in me/our company.

Second Paragraph:

The payment was for [the purpose of payment], and I wanted to assure you that I’ll use the funds for the intended purpose. I value your business, and I’ll do my best to ensure our relationship continues to be productive.

Closing Paragraph:

Thank you again for your prompt payment. I look forward to working with you again in the future. Please don’t hesitate to contact me if you have any questions or concerns.

Closing:

Best Regards,
Your Signature
Your Name
Your Title

Conclusion:

A cash received letter is a professional way of acknowledging receipt of payment. The letter should be well-written and formatted appropriately to convey your appreciation and professionalism. This article has outlined the necessary structure and content you should include in a cash received letter format. With these tips, you can easily write an excellent cash received letter that will leave a lasting impression on your clients or business partners.

Loan Amount	$1,000	$2,000	$5,000	$10,000
Interest Rate	24%	19%	13%	8%
Loan Term	12 Months	24 Months	48 Months	60 Months
Fee	3%	5%	8%	10%
Fee Cost	$30	$100	$400	$1,000
Repayment	$94.56	$100.82	$131.67	$202.28
APR	29.82%	24.12%	18.23%	9.20%
Total Payments	$1,134.72	$2,419.68	$6,320.12	$12,136.80
Total Costs	$164.72	$519.68	$1,720.12	$3,136.80

Loan Amount

$1,000

$2,000

$5,000

$10,000

Interest Rate

24%

19%

13%

Loan Term

12 Months

24 Months

48 Months

60 Months

Fee

10%

Fee Cost

$30

$100

$400

$1,000

Repayment

$94.56

$100.82

$131.67

$202.28

APR

29.82%

24.12%

18.23%

9.20%

Total Payments

$1,134.72

$2,419.68

$6,320.12

$12,136.80

Total Costs

$164.72

$519.68

$1,720.12

$3,136.80