Cash float 2025

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The document is a Cash Float Request Form that outlines the procedure for requesting a cash float for clubs and societies at MONSU Caulfield. It specifies that requests must be submitted one day in advance, details required information about the requesting club or department, and includes a breakdown of cash requirements. The form also emphasizes the responsibility of the requester for the float and its timely return.

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2021	4.8 Satisfied (150 Votes)
2016	4.4 Satisfied (56 Votes)

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What is the purpose of the Cash Float Request Form?

The Cash Float Request Form is used to request a cash float for events or activities organized by clubs and societies.

When should I submit the Cash Float Request Form?

You must submit the form at least one day before the date you require the float. Same-day requests will not be accepted.

What information do I need to provide on the form?

You need to provide details such as your club name, contact person, phone number, position in the club, date and time of float request, and reason for needing the float.

How much money can I request for a cash float?

Clubs and societies can request a maximum of $50 for their cash float.

Where can I collect my cash float?

Cash floats can be collected from WORKSHOP on the day they are needed.

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What is the cash float in retail?

In the context of cash drawers, a cash float is the small amount of money you start with in the cash register at the beginning of the day or shift. This initial amount ensures you can make change for customers right from the start.

What is a cash float?

A cash float in retail is the amount of cash kept in the cash register at the start of the working day. It aids overall efficient and smooth cash flow including the easy provision of change to customers.

What is a cashiers float?

Cash float is the term for the total amount of checks in between the time when the check is written and taken off the books of the payer, but not out of their bank account, and before its in the back account of the payee, even though they already would have recorded it in their books.

Is cash float a payday loan?

In economics, float is duplicate money present in the banking system during the time between a deposit being made in the recipients account and the money being deducted from the senders account. It can be used as investable asset, but makes up the smallest part of the money supply.

What is a cash drawer float?

The float is the amount of cash you start the day with in your cash drawer. Its the money you need on hand to give change to customers when they pay in cash. Remove the float before counting your till at the end of a shift to keep it separate from takings.