I have a question regarding imprest reconciliation. We usually reimburse people for mileage when they go to meetings thru imprest checks. One of the employees' check was cashed without his knowledge. This same check was already claimed for reimbursement. We filed a fraud claim and the bank reimbursed us for the amount. How can i account for this? My book balance was off by the same amount. This will be reduced once we cut a replacement check for the employee. Once the new check gets cleared, do we still submit it again for reimbursement?
Thank you.
Thank you.