imprest in a sentence
v. t.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Imprest refers to a system of managing cash where a fixed amount is provided for specific expenses, which is then replenished as needed based on submitted receipts or accounts.
Crossword clues for imprest
Crossword clue ideas and answer hints for the word "imprest".
- Small cash fund for specific expenses.
- Advance for covering business costs.
- Set amount for managing project expenses.
- Temporary cash allocation for purchases.
- Replenishable fund for operational expenses.
Imprest sentence examples
- The company arranged for an imprest system to manage petty cash more effectively.
- After reviewing her expenses, she requested an imprest to cover her travel costs.
- The accountant explained that an imprest fund would streamline the reimbursement process.
- He maintained an imprest account to ensure that small operational expenses were easily tracked.
- To prevent any discrepancies, the imprest was reconciled at the end of each month.
- The accountant explained the concept of an imprest system to the new interns.
- To manage petty cash effectively, the team decided to implement an imprest arrangement.
- She requested an imprest of $200 to cover office supplies for the upcoming month.
- At the end of each week, they reconciled the imprest fund to ensure accurate accounting.
- The imprest method helped streamline their cash flow and reduce unnecessary expenses.