It gradually takes the account to a near-zero balance, until it is replenished automatically with the same fixed amount of money. Imprest funds can help companies make payments that would otherwise be very difficult to disburse through normalized payment procedures….
Managing Imprest Funds: Components, Best Practices, and Controls
It gradually takes the account to a near-zero balance, until it is replenished automatically with the same fixed amount of money. Imprest funds can help companies make payments that would otherwise be very difficult to disburse through normalized payment procedures….