Get Disbursement Form

When a company pays in cash or cash equivalents, it makes a disbursement. The payments made by an attorney for its clients to third parties for court, investigation reports, and medical care are examples of disbursements.

A payment is typically money moving from a customer to a seller, while a disbursement is typically money flowing from a business or entity to a beneficiary such as an employee or freelancer. A payment is made directly to the party that provided a good or service.

How Disbursement Works. In bookkeeping, a disbursement is a payment made by the company in cash or cash equivalents during a set time period, such as a quarter or a year. A bookkeeper records each transaction and posts it to one or more ledgers, such as a cash disbursement journal and the general ledger.

Disbursement check Salaries and payroll expenses. Profit distribution to other owners. Suppliers, vendors, and contractors' payments. Dividend payouts to shareholders. Reimbursement to employees for out-of-pocket expenses.

Disbursement Request Form means the letter through which the Borrower requests the Lender to release part/s or whole payment of the Loan amount, to the builder, society, self or other party as applicable.

A Disbursement Voucher is a form used to have a check made to pay an individual or an organization for merchandise sold or services rendered.