Learn what an acknowledgement receipt is and how to create one for your business (with a template and two examples). Illinois Free Receipt Template.If you need a written record of a transaction then use a receipt to outline the details of the purchase. Edit, sign, and share form acknowledgment receipt online. No need to install software, just go to DocHub, and sign up instantly and for free. The taking of an acknowledgment consists of positively identifying the signer of a document. Edit, sign, and share acknowledgment receipt online. An acknowledgment receipt is a signed document to verify that a person or organization has received goods, services, or payment. This distribution represents a full and complete satisfaction of my interests in the Trust and the Estate. It serves both as proof of service and as a formal record that the receiving party has received the documents.