What do hotel accountants need to do?

The work that the hotel accountant needs to complete mainly includes: 1. Audit the income and expenditure of the hotel. Review the income and expenditure of the hotel, including rent, catering service income, conference room fee, activity income, service fee income and other expenses, as well as purchased goods, supplies, labor fees, transportation fees, rent, taxes, etc. In order to ensure the correctness of operating finance, hotel accountants need to verify the accuracy of these revenues and expenditures and deal with them accordingly. Second, record the financial information of the hotel. Responsible for collecting and recording financial records inside and outside the hotel, establishing a complete financial system to avoid financial confusion. Financial records include: cash receipts and payments, goods and services receipts and payments, accounts receivable, accounts payable, investment and operating conditions. Third, prepare the report. Hotel accountants need to prepare financial statements according to certain standards, including income statement, cash flow statement, income statement, monetary fund statement, accounts receivable and accounts payable statement, etc. These statements can help hotel managers to make profits better.

Hotel accounting

In addition, it is necessary to supervise and inspect the hotel's financial situation through irregular financial audits to ensure the healthy operation of the hotel's financial activities. Expansion: Hotel accounting also needs to comply with relevant national laws and regulations, such as tax policies and financial reporting requirements. Hotel accountants should always check the financial records to ensure the accuracy and authenticity of hotel finance, and provide a basis for hotel managers to formulate appropriate management plans, so as to realize the sustainable development of the hotel and achieve higher economic benefits.