|WikiProject Business / Accounting||(Rated Start-class, Mid-importance)|
The imprest system is different from a loan and shouldn't be classified under loan. This article needs to be expanded, but I don't know enough to do it. Once the article is more fully expanded, the difference between loans and imprest funds will be more clear. July 5, 2006
DON'T MERGE The Imprest system as used in Local Government in the UK is a way of delegating control of small amounts of cash & cheques to officers, by providing separate bank accounts which are topped-up by the central finance function when required. 220.127.116.11 08:59, 4 August 2006 (UTC)
This article is not titled Petty cash Imprest system, so I am restoring the original first paragraph and merging the newer first paragraph into the article. NilssonDenver 00:01, 26 November 2006 (UTC)
In no English-speaking country is the Euro legal tender, so I don't see why an article on a financial topic in English should use the euro as its denomination. Since more countries (as far as I am aware) use the dollar than the pound, I have substituted the dollar sign. If I am wrong, then the pound sign would also be a good choice.
18.104.22.168 01:46, 8 August 2007 (UTC)
They speak English in the Republic of Ireland don't they?
Jim Jay 11:07, 15 August 2007 (UTC) 12:02, 15 August 2007
English is one of two official languages in Ireland; the first official language is Gaelic and English has secondary status. The U.S., Canada, Australia, New Zealand, the Bahamas, Barbados, the Cayman Islands, Jamaica and many, many other English-speaking countries use the dollar. So, back to the dollar sign.
22.214.171.124 18:57, 18 October 2007 (UTC)
Why a dollar when that is not universally used. It is an anomoly of the universal sharing of knowledge and ideas that you have to accept the differences in culture, ideas and currency. People in the USA may find this concept difficult. —Preceding unsigned comment added by 126.96.36.199 (talk) 10:00, 18 April 2008 (UTC)
I'm not going to get into an edit war because that would be silly - but don't start a reply by implying they don't speak English in Ireland. They do and you know they do. If you can't stand the sight of a Euro then fine - but don't stick by this "In no English-speaking country is the Euro legal tender" thing please. I don't think you should take your personal issues out on a wikipedia article though. Jim Jay (talk) 01:05, 5 October 2008 (UTC)
The policy of wikipedia is that the currency the article is started in, is the currency to be used in the article. The Euro was used as the original currency for this article and so will continue to be the currency used in this article. --NilssonDenver (talk) 23:53, 12 December 2008 (UTC)
Not happy with first paragraph
This whole article is confusing and skips over the main feature of an Imprest system:
The value of an Imprest system including bills, coins and receipts always remains constant.
There are no "shortfalls". Getting people to account for coffee supplies in petty cash is an effect. "Replenishment" is the act of redeeming receipts for cash, not topping up value.
Besides the petty cash scenario, Imprests are used for change in retail. The value of the Imprest is fixed and constant. Cashiers will get rolls of coins and packs of small bills in exchange for larger bills.