Loan


Main Issues on Imprest Money System

The most popular system today is Imprest money system that is rather handy for various institutions and organizations having an employee that manages various company purchases and makes several buyings for daily needs. That happens due to special receipts that he gets to submit them to the cashier all the expenditures get fixed in the account organization list. After that the manager gets the same account being refreshed after his yesterday’s expenditures and ready for being used in future. More >>>

Imprest System – a Loan System Controlling Fraud and Theft!

Imprest system is a comfortable petty cash book system that provides a simple monetary process to cover the every day routine expenses such as buying a pen, newspapers, stamps and even purchasing a chair. The main idea of the petty cash system is the replenishment of an account by the end of the next month. So every beginning of the month should be marked with a newly reimbursed petty cash system account. Thus, this system is irreplaceable for daily use and various company’s operations. More >>>

Imprest Account – Purpose, Instructions and Main Facts!

What is an Imprest account? What kind of Imprest account exists? How to complete the Imprest account petty cash reports? What other stuff is needed to open the Imprest account? Get all the necessary information to these questions right here! This article will tell you about the formal nuances of Imprest account and give you the necessary account facts on how to make your documentation perfect! More >>>

Bookkeeping

Bookkeeping is usually performed by a bookkeeper. A bookkeeper (or book-keeper), is a person who records the day-to-day financial transactions of an organization. A bookkeeper is usually responsible for writing the "daybooks". The daybooks consist of purchases, sales, receipts, and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct day book, suppliers ledger, customer ledger and general ledger. More >>>

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