What does “receipt prefix” and “receipt number” mean when I activate my account?

What does “receipt prefix” and “receipt number” mean when I activate my account?

Some countries require you to add a “receipt prefix” on your receipts. To find out if your location requires this, please check with your accountant.

A receipt number is your next corresponding receipt number. For example, if you’re moving over from another POS system and your last receipt on that system was 477, you would enter 478. However, if you’re a new business, simply enter 1.