FI 006 - Finance - Cash Disbursement

Hotel Finance – Cash Disbursement – SOP

FI 006: Cash Disbursement


Objective:

To ensure the strict control over payments by minimizing cash amounts.

“…Paying cash directly to guests is to be avoided (unless a refund is due to them on excess cash that they have previously paid in advance) and is permissible only in the case of emergency up to a limit of the local currency equivalent of…”


Details:

File Size: 19 KB
File Format: Word
Print Length: 01 page
Publication Date: September 17, 2016
Language: English
Editable: Yes

The finance (sometimes called accounting) department function is recording financial transactions, preparing and interpreting financial statements and providing management with timely report and operating results.