What does the hotel operating income accounting system include?

The hotel’s operating costs are calculated through the operating cost account.

Catering cost accounting

Hotel catering costs are actually the raw materials, ingredients, regulators and costs consumed by the catering department in the processing of catering products. The accounting of catering costs is carried out through the "operating cost" account. The accounting period is calculated once every ten days. The accounting period from the beginning of each month to the last day of the month is used to calculate the total operating cost.

In accordance with the accounting requirements and the implementation of the "perpetual inventory system", the catering accountant should summarize the daily receipts of the items received to calculate the food cost of the day, and calculate the food cost through the daily catering business income The gross profit and gross profit margin of the day are reported so that the catering department can better control operating costs. At the end of the month, the catering costs are carried forward by debiting the "operating cost" account and crediting the "raw materials" account. For the portion of the raw materials that have been used but not consumed at the end of the period, the consumption cost is adjusted. The adjustment formula is: actual cost of raw materials consumed = kitchen end of the month Balance + monthly usage amount +/- this month's transfer-in (output) amount - kitchen end-of-month inventory amount. Among them, the kitchen's month-end inventory (the total amount of remaining raw materials, unsold semi-finished products and finished products) needs to be calculated through physical inventory and calculated based on the respective ingredient quotas and book prices. At the same time, in accounting, the "false return of materials" method is used to make adjustments. That is, at the end of the month, use red letters to debit "operating costs" and credit the "raw materials" account, and at the beginning of the next month, use blue letters to make a reversal entry in the same direction.