An imprest payroll bank account is one to which cash transfers are made in an amount exactly equal to the total net pay for the period.

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An imprest payroll bank account is designed to disburse payroll checks or electronic transfers to employees for the exact amount of net pay that they are owed for a certain period. The account is replenished periodically to maintain the balance required for such payments. This arrangement allows for better control over cash disbursements and helps prevent fraudulent activities.

An Imprest Payroll Bank Account Is One to Which Cash