Transit float: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACMF October 2016 p34.) |
imported>Doug Williamson m (Add category.) |
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* [[Cheque]] | * [[Cheque]] | ||
* [[Clearing float]] | * [[Clearing float]] | ||
* [[Collection float]] | |||
* [[Processing float]] | * [[Processing float]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Cash_management]] | |||
Latest revision as of 11:11, 1 October 2020
Transit float is the time between the origination of a payment - for example the time a cheque is mailed - and its receipt at the beneficiary's address.
Transit float is also known as postal float, or mail float.
