Hotel accounting and financial management processes play a key role in achieving desired financial returns. Hotel best practices surrounding effective financial management include both a balanced approach toward guest services that are designed to maximize customer satisfaction, while building revenues and delivering profitable results. In order to do so, accuracy and timeliness of financial reporting systems are core requirements necessary for any hotel management company. In this eBook we will introduce effective accounting methods and practices including monthly profit and loss statements, balance sheets, accounts receivables and payables and cash flow reporting and analysis.
This eBook is comprised of multiple courses, as well as quizzes that will test your knowledge and reinforce your learning.