Imprest Account in under loan and advance group
no we don't have any other system other than imprest system
How to you use tally 7.2?
How to you use tally 7.2?
The imprest account is a petty cash account.
how to use multiple currency in tally
Hi how should we can use multi currency in Tally 9
how to enter the purchase details in tally
Use Alt+F2 keys from main page of tally. (gateway of tally)
To treat an imprest refund, first ensure that all expenses covered by the imprest are properly documented with receipts and approvals. The refund should then be recorded in the accounting system, adjusting the imprest account balance accordingly. If the imprest system is managed through a specific fund or cash account, ensure that the refund is reflected in the respective financial records to maintain accurate tracking of cash flows. Finally, reconcile the imprest account to verify that it reflects the correct available balance.
Tally has its own but it uses ODBC compliant.
The observers kept a tally of the votes during the count.
The importance of Petty Cash Book Imprest System is that it helps in basic bookkeeping. The daily transactions that use the petty cash are entered into this system which ensures that there is proper issuance of petty cash.