Hospitality Accounting

Full or partial outsourced accounting solutions for the hospitality industry ranging from income audit to month end closing.  Consulting or project based services ranging from budgeting to forecasting, expense management, cash flow to labor productivity, checkbook accounting to evaluating and improving day-to-day accounting processes.

 

 

 

 

 

 

 

 

Finance & Accounting services include but not limited to;

 

 

Budget/Forecast: 

-Produce a full detailed driver based operating budget/forecast

 

 

Labor Productivity Report: 

-Customized daily labor report

 

 

Daily Sales Report: 

-Customized daily sales report

 

 

Income Audit Process:

-Audit and reconciliation of all daily revenue transactions, cash & credit card deposits, ledger, local taxes, adjustments & POS void checks

 

 

Hotel Checkbook:

-Customized checkbook accounting process to effectively manage expenditures

 

 

Accounts Payable: 

-Handling of full Accounts Payable process

 

 

Accounts Receivable:

-High level oversight of Accounts Receivable process

 

 

General Cashier:

-High level oversight of GC process

-Cash overage & short reporting

 

 

Month End Process:

-Full month end close process

 

Balance Sheet Reconciliations:

-Completion of all bank and balance sheet reconciliation

 

 

State and Local Tax Filings:

-Preparation of local occupancy & sales tax filings