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petty cash system

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  • Petty cash — Businesses often need small amounts of discretionary funds in the form of cash known as petty cash for expenditures where it is not practical to make the disbursement by check. The most common way of accounting expenditures is to use the imprest… …   Wikipedia

  • Cash — usually refers to money in the form of currency, such as banknotes and coins. In bookkeeping and finance, cash refers to current assets comprised of currency or currency equivalents that can be accessed immediately or near immediately (as in the… …   Wikipedia

  • petty — Small, minor, of less or inconsiderable importance. The English form of petit, and sometimes used instead of that word in such compounds as petty jury, petty larceny, and petty treason. See misdemeanor petit. As to petty average petty constable… …   Black's law dictionary

  • Cash management — In United States banking, cash management, or treasury management, is a marketing term for certain services offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to… …   Wikipedia

  • cash — cash1 W2S2 [kæʃ] n [U] [Date: 1500 1600; : French; Origin: casse money box , from Old Italian cassa, from Latin capsa; CASE1] 1.) money in the form of coins or notes rather than cheques, ↑credit cards etc ▪ Cash was taken during a burglary of the …   Dictionary of contemporary English

  • Imprest system — An imprest system is a system using loans as control against fraud and theft. The most common imprest system known is the petty cash system.Petty cash imprest systemThe Petty Cash Imprest System works on the basis that you only replenish what you …   Wikipedia

  • Tom Petty — Petty performing in 2006 Background information Birth name Thomas Earl Petty Also known as …   Wikipedia

  • imprest system — / ɪmprest ˌsɪstəm/ noun a system of controlling petty cash, where cash is paid out against a written receipt and the receipt is used to get more cash to bring the float to the original level …   Dictionary of banking and finance

  • Unit Valuation System — The Unit Valuation System (UVS) was developed by Mutual Funds and Unit Trusts, as a means of determining fund performance in an environment where there are frequent cash contributions and withdrawals. The UVS is commonly used by Investment Clubs… …   Wikipedia

  • imprest system — noun (commerce) A method of maintaining a cash fund, eg petty cash, in which a fixed amount or float is regularly topped up from central funds, reimbursing the fund for incidental expenses • • • Main Entry: ↑imprest …   Useful english dictionary

  • postal system — System that allows persons to send letters, parcels, or packages to addressees in the same country or abroad. Postal systems are usually government run and paid for by a combination of user charges and government subsidies. There are early… …   Universalium

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