Yes, it is correct to say acknowledged receipt. Acknowledged receipt is a phrase that is used when a person acknowledges that they have received something. This can be used to signify that they have received physical or digital goods, or services such as legal advice, documents or instructions.
Acknowledged receipt is essentially a form of notification that something is received, and can either be in writing, by email or other methods. It is important to have an acknowledgment of receipt as this is a way to ensure that the transaction was successful and that requirements have been fulfilled.
Some contexts in which you may use acknoweledged receipt include:
• Upon delivery of goods – acknowledging receipt of the goods and confirming that the correct items were sent.
• When signing a contract – when signing a contract, you can acknowledge receipt of the document.
• When accepting a payment – to note that the payment was received and the amount was the correct one.
• When receiving legal advice – to confirm that the legal advice has been taken onboard, understood and agreed to.
• When receiving instructions – acknowledging that the instructions have been received and providing assurance to the other party that these will be followed.
Acknowledged receipt is just one form of notification and it’s important to know when and how to use it correctly. When acknowledging receipt, it is important to clearly state what was received and who received it. It is also important to provide proof of the transaction. This can be done by way of a recorded signature or a photograph.