Traditional Culture Encyclopedia - Hotel reservation - Is it better for a five-star hotel to do accounts receivable accounting or fixed assets accounting?

Is it better for a five-star hotel to do accounts receivable accounting or fixed assets accounting?

First, the accounting of fixed assets is not good, and there is no technical content that will not work for their future development. Some hotels also require asset accountants to take inventory of linen and tableware in guest rooms and restaurants. Do you feel bored that such a big hotel has to take stock of kitchen utensils, fixed assets of various departments and low-value consumables every month? In short, it is not recommended. Because anyone can do this job, but with a better sense of responsibility.

Second, accounts receivable are superior to accounts receivable, and the main liabilities are accounts receivable. The process may be like this (the situation of each hotel is different). The audit department examines the accounts receivable and gives them to you. You make accounting entries and collect accounts. Or you may sort it out and the sales department will collect it. But no matter which one is good exercise for you, some hotels have 300,000 to 400,000 accounts receivable every month, and the accumulated balance of accounts receivable is estimated to be around 400,000 per month. Companies that audit accounts receivable, sign and discount, institutions that collect accounts, and most of them are government departments and institutions. Otherwise, the hotel will not let them be agreement customers. Although the accounts are not easy to collect, it is good for you to know these people. There is also a basis for changing accounts receivable into general ledger in the future.