Traditional Culture Encyclopedia - Hotel accommodation - How to account for hotel room income on accrual basis, and how to check with the amount received by cashier?
How to account for hotel room income on accrual basis, and how to check with the amount received by cashier?
Check with the cashier only needs to check the amount that occurred in the current month, and the amount that should be included in the cashier's account next month does not need to be checked.
Accrual basis is the principle of determining the attribution period of income and expenses based on the occurrence of rights and responsibilities. Refers to all expenses that have been received, incurred or should be borne in this period, regardless of whether the money has been received or paid, which are treated as income and expenses in this period; On the contrary, any income and expenses that do not belong to this period, even the money received or paid in this period, should not be treated as income and expenses in this period.
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