Loan


Checking Account

A checking account is a sum of money that is held in a bank, which the holder can supplement and from which he or she can withdraw funds any time when necessary. There are three most common ways you can withdraw from your account: using a check, via automatic transfer and using a debit card. With so many financial institutions offering online services, you can open or close a checking account fast and easy at any time. 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 Cash Funds

Both types of Imprest Cash Funds are established at an initial fixed amount, which may be adjusted up or down based on changing departmental needs over time. The cash in the fund plus receipts for expenditures should always equal the fixed amount of the fund. Imprest Cash Funds must not be maintained in checking or other bank accounts without specific authorization from the Treasurer’s Office. More >>>

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