An itemized receipt is a detailed receipt that breaks down the cost of each item in an order, as well as any sales taxes or fees that factor into the total amount paid. It provides a more thorough account of where the money went compared to a simple receipt, which only shows how much the card was charged. An itemized receipt should include the name of the business, businesss address and phone number, receipt number, date of service, price of each purchased item, taxes, fees, and discounts, and method of payment.

Itemized receipts are useful in many situations, such as seeking reimbursement for business expenses, writing a purchase off on taxes, or keeping better track of finances. For healthcare expenses, an itemized receipt must contain the provider name, type of service, date of service, and cost of service. An itemized bill is a detailed statement provided by a healthcare provider or medical facility that lists all the individual services, charges, and payments associated with a patients medical care.

In summary, an itemized receipt is a detailed receipt that provides a breakdown of the purchase, including separate lines for each item, and is useful for tracking expenses and verifying charges.