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Acknowledgement For Payment Received Letter for Indonesia

Acknowledgement For Payment Received Letter Template for Indonesia

An Acknowledgement For Payment Received Letter is a formal document used in Indonesian business practice to officially confirm and document the receipt of payment for goods, services, or other obligations. This document, governed by Indonesian civil law and subject to stamp duty requirements under Law No. 13 of 1985, serves as legal evidence of payment completion. It includes essential details such as the payment amount, date, method of payment, and purpose, while providing both parties with a clear record of the transaction. The document must comply with Indonesian documentation requirements and may need to be stamped in accordance with current regulations when the amount exceeds certain thresholds.

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Acknowledgement For Payment Received Letter

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What is a Acknowledgement For Payment Received Letter?

The Acknowledgement For Payment Received Letter is a crucial business document used in Indonesian commercial transactions to provide formal confirmation of payment receipt. This document type is particularly important in the Indonesian legal context, where formal documentation of financial transactions is required for both legal and accounting purposes. It serves multiple purposes: providing the payer with proof of payment, protecting both parties from future payment disputes, and creating an audit trail for accounting and tax purposes. The letter must comply with Indonesian Civil Code requirements and, when applicable, include proper stamp duty as mandated by Law No. 13 of 1985. It's commonly used in business-to-business transactions, property dealings, settlement of accounts, and any situation where formal confirmation of payment receipt is necessary. The document typically includes specific details about the payment, including amount, date, method, and purpose, making it a valuable tool for financial record-keeping and potential dispute resolution.

What sections should be included in a Acknowledgement For Payment Received Letter?

1. Letter Date and Reference Number: Current date and any reference number for filing purposes

2. Recipient Details: Full name and address of the party who made the payment

3. Sender Details: Full name and address of the party acknowledging receipt of payment

4. Subject Line: Clear indication that this is a payment acknowledgment letter

5. Payment Details: Specific amount received, currency, date of receipt, and payment method

6. Purpose of Payment: Clear description of what the payment was for, including any relevant invoice numbers or contract references

7. Confirmation Statement: Explicit statement confirming receipt of payment and that the specified amount has been received in full

8. Signature Block: Space for signature, name, and title of the person authorized to acknowledge receipt

What sections are optional to include in a Acknowledgement For Payment Received Letter?

1. Outstanding Balance Statement: Include when the payment is partial and there is a remaining balance to be paid

2. Payment Method Details: Additional details about the payment method when relevant (e.g., bank transfer details, check number)

3. Tax Information: Include when the payment has tax implications that need to be acknowledged

4. Settlement Declaration: Statement declaring this payment settles all outstanding obligations, if applicable

5. Future Payment Schedule: Include when this payment is part of a series of scheduled payments

6. Conditional Statement: Any conditions attached to the payment (e.g., subject to check clearance)

What schedules should be included in a Acknowledgement For Payment Received Letter?

1. Copy of Payment Proof: Attached copy of bank transfer slip, check image, or other payment evidence

2. Referenced Invoice: Copy of the original invoice(s) being paid

3. Payment Calculation Sheet: If payment includes multiple items or calculations (e.g., principal plus interest)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Cost

Free to use
Relevant legal definitions


















Clauses












Relevant Industries

Banking and Financial Services

Real Estate

Construction

Manufacturing

Retail

Professional Services

Information Technology

Healthcare

Education

Logistics and Transportation

Mining and Resources

Agriculture

Hospitality

Legal Services

Consulting Services

Relevant Teams

Finance

Accounting

Legal

Administration

Treasury

Credit Control

Corporate Secretariat

Accounts Receivable

Document Control

Records Management

Relevant Roles

Finance Manager

Accounts Receivable Specialist

Chief Financial Officer

Accountant

Business Owner

Company Director

Financial Controller

Treasury Manager

Accounts Manager

Administrative Officer

Company Secretary

Legal Counsel

Credit Controller

Bookkeeper

Finance Assistant

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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