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Down Payment Assistance

Down payment assistance programs are popular among people with medium and low incomes, since they can be very helpful in obtaining houses, vehicles and other luxury products. Particularly, these programs help their clients make a down payment, which is part of the total value of an object. As a rule, buyers are required to pay down 5 to 25 percent of the value. More >>>

Imprest Balance

Since companies have regular expenditures related to some minor work activities, it is very important to maintain an imprest balance . This will ensure a consistent flow of petty cash as well as the management of a petty cash fund . This fund must be replenished from time to time to guarantee cash availability to cover minor expenses. More >>>

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 Definition – let’s Make out in the Main Idea of the Imprest Term!

Imprest system is very popular today. But what does it mean? Learn about it in our article where we’ve gathered top 10 types of Imprest definition that will help you to make out in the main idea of Imprest system work, its principles of functioning, advantages and disadvantages and other stuff. All the necessary information about Imprest system and Imprest definition is here! More >>>

What are the Imprest System Advantages?

If you are a person that often does small amount purchases or a director of a firm or company you will definitely need the Imprest system account with its petty cash feature. Learn about the Imprest system advantages right on our website. More >>>

Imprest – Main Facts about the Accounting System!

Imprest system is an accounting system that came from the United Kingdom and is based on the Imprest account creation in the form of a petty cash system. The main system feature is the fixed amount of money reservation. This system main advantage is that it allows replenishing it once one needs to do it or at the end of a specific period. This replenishment can be done without the Imprest checking account but from another source. The main system term - petty cash - term implies the inactive Imprest general ledger account as far as a set amount is concerned. More >>>

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