Financial Reporting
Creating a Hotel Accounting Policy Manual and Internal Control Reviews
Three Ways You Can Create a Policy Manual For Your Hotel Company Today
I have a complete Hotel Accounting Policy Manual with 500-plus policies in 33 separate sections available for you today plus my 12-month Internal Control Review Program.
Here are three ways I can help you create a policy manual…
Hospitality Financial Leadership – Understanding Contribution Margin
Coming Soon in 2022 – The Prosperous Hotelier
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https://hotelfinancialcoach.com/video-course/
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Hospitality Financial Leadership – Why Your Hotel Needs a Daily “Pick-up” Report
You might be reading this and saying to yourself, “Well, for sure every hotel needs a daily pick-up report.” But I bet you would be surprised how many hotels do not use their pick-up report and or they do not use it properly. They are missing the financial opportunity that a good…
Hospitality Financial Leadership – Balancing Daily Revenues and Settlements
The hotel business is a form of retail business. Every day we must balance our revenues with our settlements, just like you would if you owned a store. Or for that matter any business that has sales every day and the customers pay for their purchases at the time of the sale.
Hospitality Financial Leadership – Why You Need a Month-End Schedule
If you complete a regular monthly close in your hotel, and I certainly hope you do… and if closing your books takes longer than three-five working days, then this is meant for you.
Hospitality Financial Leadership – Why Managing the Budget in Your Hotel is Like Playing Baseball
That’s a big statement because if you are involved in the budget in your hotel and you have played baseball then you are probably saying to yourself that I am off my rocker.
The budget is a mean and unruly nasty guest that comes every year and sometimes does not leave completed for weeks, even months.