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Your acknowledgment receipt should contain the names of the issuing party and the person receiving the document. The sample acknowledgement letters for receipt of payment provided below can be used as format templates for official and personal purposes.An acknowledgment receipt is a document that verifies and confirms the completion of a specific transaction. A receipt is a written document acknowledging a payment that has been made. Letter for Acknowledgement of Receipt of Payment Template. It is certified that no dues now remain and I have received the entire payment as due and issuing this receipt voluntarily. A receipt is a written document acknowledging a payment that has been made. Simple definition: An acknowledgment receipt is a written record used as proof that cash, product, or service has been properly received. IDARA- E –TALEEM- O- AAGAHI. Center of Education and Consciousness. ACKNOWLEDGEMENT.