Sample Request Letter for Petty Cash Fund

Author: Money Date: Tue, 02 Oct 2012 10:15:29

The whole idea about petty cash loans lies in an opportunity to borrow money from the general cash amount. This is what we usually do to make a quick purchase. It is worth mentioning that the Imprest Company requires its users to follow account limits and not to spend more cash than it is specified in the account terms. In most cases, the sum borrowed must be replenished by the end of the month. More >>>

Balance Transfer Credit Cards

Author: Banker Date: Tue, 19 Jul 2011 06:07:12

Balance transfer credit cards are issued to clients willing to move their funds from one account to another. Such inter-account transfers have proven to be a way out for many people who have sustained financial impact. If you already have a credit card, you can get a new one with a lower interest rate and more suitable terms and move your funds to it. One reason why many people go for it is the absence of transfer charges. More >>>

Imprest Balance

Author: Finance Date: Sun, 10 Apr 2011 12:41:48

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 >>>

The Imprest Stock System That Doesn’t Ruin Your Business

Author: Banker Date: Tue, 22 Mar 2011 05:04:24

Based on the maximum level specified by a company for each its item, the imprest stock system provides its users with items and supplies that can be fully managed and provided in advance, before this or that item runs out of stock. This reduces significantly transportation and storage costs and improves customer satisfaction levels. More >>>

Main Issues on Imprest Money System

Author: Finance Date: Sun, 06 Feb 2011 17:36:23

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!

Author: Financier Date: Tue, 02 Nov 2010 08:21:13

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 >>>

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