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Auction Receipt for Multiple Items Purchased

  • 1.  Auction Receipt for Multiple Items Purchased

    Posted 26 days ago

    When receipting for auction purchases, I understand we would provide a quid pro quo receipt indicating the fair market value of item purchased. Looking for receipt examples when the purchaser purchases multiple auction items, and each item sold above FMV. Do you typically itemize and detail each item and detail the FMV and purchase prices for each item?



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    Debbie Franklin
    Senior Manager, Foundation Services
    US Lacrosse
    dfranklin@uslacrosse.org
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  • 2.  RE: Auction Receipt for Multiple Items Purchased

    Posted 26 days ago
    You should treat these as individual purchases, Debbie.  And they were.  It is best to issue an individual receipt for each item purchased.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 3.  RE: Auction Receipt for Multiple Items Purchased

    Posted 26 days ago
    Got it. Thank you!

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    Debbie Franklin
    Sr. Manager, Donor Services
    US Lacrosse
    dfranklin@uslacrosse.org
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