Hotel Finance - Unsettled Checks - SOP 2 years ago

FI 025: Unsettled Checks Objective: To ensure that revenue collected is recorded fully and in the correct period. “…Income audit must review all “Unsettled Checks” reports to ensure that the checks were settled on the subsequent shift and …

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Hotel Finance - Travel Agent Commission - SOP 2 years ago

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 …

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Hotel Finance - Advance Deposit - SOP 2 years ago

FI 004: Advance Deposit Objective: To ensure that advance deposits received for accommodation and functions bookings are requested, controlled and recorded in accordance with the hotel policy. “…The deposit checks/order/cash should be passed through to the General Cashier …

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Hotel Finance - Accounts Payable - SOP 2 years ago

FI 001: Accounts Payable Objective: To ensure that only valid and authorized payable are recorded and paid, that accounting procedures are implemented to ensure the accuracy of amounts, coding of General Ledger accounts and the appropriate timing of …

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