Finance – Travel Agent Commission – SOP

      FI 024: Travel Agent Commission /


      Objective:

      To ensure that payment is made promptly and accurately on all commissionable bookings.

      “…On checkout, the guest folios will be transferred from Front Office Staff to the control office. The General Cashier should extract all folios stamped “T/A” and record the details of the length of stay and the room rate on the commission…”

      Includes:

      – IDENTIFICATION OF COMMISSION
      – COMMISSION CALCULATION
      – COMMISSION PAYMENT
      – COMMISSION DEDUCTION


      Details:

      File Size: 27 KB
      File Format: Word
      Print Length: 04 pages
      Publication Date: November 16, 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.