Imprest System definitions

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Imprest system

Imprest system logo #21000 The imprest system is a form of financial accounting system. The most common imprest system is the petty cash system. The base characteristic of an imprest system is that a fixed amount is reserved, which after a certain period of time or when circumstances require, because money was spent, it will be replenished. This replenishment will come from...
Found on http://en.wikipedia.org/wiki/Imprest_system

Imprest System

Imprest System logo #22398A method of topping up petty cash. A fixed sum of petty cash is placed in the petty cash box. When t
Found on http://www.encyclo.co.uk/local/22398

Imprest System

Imprest System logo #23570An imprest system is a method to account for petty cash by maintaining a balance in a fund that equals petty cash receipts plus additional cash in the fund.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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