Source: UNDP Financial Regulations and Rules
Source: UNDP Financial Regulations and Rules
The inflow of contributions, fees and other considerations received by or due to UNDP
Source: UNDP Financial Regulations and Rules
A Cash Management tool that consolidates balances from multiple bank accounts (sub-accounts) used for both collections and disbursements into a single master account daily. During nightly posting of transactions, either excess funds are swept from the sub-accounts to the master account or funds are swept from the master to the sub-accounts to restore all sub-accounts to a zero balance. This action is undertaken by the bank with which the ZBA is held.