---
title: "Payment float"
description: "Payment float — The time between issuing a payment and the cash leaving the bank account — for a check, from the day it is written to the day it clears. The outstanding checks at period end are the float the bank reconciliation carries."
canonical: "https://lopifi.com/glossary/payment-float"
---

# Payment float

> Payment float — The time between issuing a payment and the cash leaving the bank account — for a check, from the day it is written to the day it clears. The outstanding checks at period end are the float the bank reconciliation carries.

Source: https://lopifi.com/glossary/payment-float
Part of: Lopifi — Planned: US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

---

**What is payment float?** In accounting, payment float means the time between issuing a payment and the cash leaving the bank account — for a check, from the day it is written to the day it clears. The outstanding checks at period end are the float the bank reconciliation carries.

## Words this system refuses for it

- DPO (a ratio of AP to cost of revenue)
- outstanding check (one item of it)

- **Category:** Cash
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/lexicon)
- **Related:** reconciliation, account, period