Sample letter for Acknowledgement of Payment

January 23, 2018
Gabriela Silang
San Juan, Vigan, Ilocos Sur

This letter is to acknowledge the payment from (name of buyer) for the stall (# here) at Orani Public Market in Orani, Bataan. The total amount of payment for the stall is (total amount here) and the initial amount of payment is (paid amount here).

The remaining balance is amounting to one million five hundred thousand pesos (P1,500,000) that is payable until April 2018 only and the amount of five hundred thousand pesos (P500,000) will be paid monthly amounting to fifty thousand pesos (P50,000) within ten (10) months period.

Name of recipient

Name of buyer