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 Petty Cash – the Main Principle of Petty Cash System!

If you’ve always heard of petty cash system but don’t know what it means welcome to our page! Here we’ll tell you about petty cash system in general, get you acquainted with Imprest petty cash principles of work, show you the petty cash main features and tell how to replenish the checks and what document you will need to do that! 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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