Is there any development in hotel accounting?

The development of hotel accounting is very promising, but cost accounting is difficult to learn, very troublesome, and the calculation is also very troublesome and cumbersome. After you understand the costs comparatively, you can do financial analysis. If you are good at financial analysis, you can be promoted to financial manager. And Cost is more troublesome in accounting.

Difficulty of hotel accounting:

Hotel accounting is very simple and cost accounting is not complicated.

Inventory accounting: In addition to guest rooms, the hotel industry will definitely have restaurants. The method of financial processing of raw materials for restaurants is generally the physical inventory method. This accounting method reduces the workload of accountants, and the same is true for the catering industry in general. For other materials and guest room supplies, the perpetual inventory system actually depends on your management needs. The inventory accounting method can be the actual cost method. It is not recommended to use the gross profit method, planned cost method and other methods. (The revenue and cost of the hotel industry are actually not proportional)

Cost and expense accounting: The hotel industry does not pay much attention to costs but to expenses (this is also the case internationally), and the gross profit margin of its hotel industry is relatively large, but The expenses are very high, and the same is true for listed companies, so the hotel industry pays more attention to management expenses and operating expenses. Therefore, cost accounting can be relatively simple, while the accounting of administrative expenses and operating expenses must be relatively detailed. As for making the account books very detailed, I personally think the account books can be simpler. You can use EXCEL to design some management reports to represent the accounts. Of course, when designing these management reports, there must be a logical relationship with the financial account books.

How to do hotel accounting:

Due to the characteristics of the accounting industry in catering companies, the salary of accountants is relatively high. However, many accountants are only familiar with the accounting of industrial and commercial enterprises, and feel very mysterious about catering accounting. Teacher Jia will help you take over his veil layer by layer. This course combines the characteristics of hotel and catering enterprises, from the registration of the enterprise to the preparation for opening, decoration, purchase of equipment and materials, to the acquisition of daily operating income, the occurrence of expenses, the accrual of taxes, and the calculation of profits. Explanation of orientation. Practices were conducted in conjunction with actual business. The course content was closely integrated with actual work, and various income, collection, and expenditure forms were designed. It introduces in detail the accounting of inventory, cost and income of hotel and catering enterprises. Explain in a simple and easy-to-understand way how to handle accounting business and how to handle various taxes, helping accountants master basic accounting methods and skills, allowing corporate tax handlers to familiarize themselves with tax filing procedures and precautions, master specific tax handling procedures, and equip them with the ability to deal with actual situations Ability to solve various practical problems at work, so as to enter high-paying industries.

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