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Hotel Accounting

Hotel Accounting

          
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About the Book

In a hotel, numerous transactions take place every day. It is not possible for the management to remember all these transactions. Therefore, for the benefit of the management, they are recorded immediately at the time of occurrence only in account books. The book containing various accounts is called ledger. It is the principal book, since it records all information for preparing the profit and loss account and the balance sheet. Financial statements are the sources of information, on the basis of which conclusions are derived about the profitability and financial position of the business. The term guest accounting, from hotel point of view means the knowledge of what is to be received from the guest. Various systems such as manual, semi automatic or fully automatic system may be adopted, depending upon the size and type of the hotel. Various problems make the accounting system problematic and the results may be misleading.This book is an asset for scholars, students and general readers alike. About Author : Anil Kathuria, a prolific writer and scholar in his own right, is totally devoted to research and serious writing. As a management expert, over the years, he has specialized in Hotel Management.He works as a Consultant on all matters in Hospitality Industry. Based in Delhi, he has several books to his credit. This is his new contribution. Contents : ContentsPreface1. Chief Characteristic2. Multiple Accounts3. Management of Funds4. Accounts Register5. Details of Lodging6. Guests and their Accounts7. Changes in Accounts8. Statements of Finance9. Budgetary ControlBibliographyIndex


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Product Details
  • ISBN-13: 9788184111361
  • Publisher: Sonali Publications
  • Binding: Hardcover
  • Language: English
  • ISBN-10: 8184111363
  • Publisher Date: 2008
  • Edition: 01

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