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 - Purchasing Procedure - SOP 2 years ago

FI 021: Purchasing Procedure Objective: To ensure that all expenditure incurred by the Hotel is authorised in accordance with stated management policy. “…The requisition may cover several items and may involve purchases from more than one supplier. The …

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Hotel Finance - Provision for Doubtful Debt - SOP 2 years ago

FI 020: Provision for Doubtful Debt Objective: To establish a formal routine assessment of the adequacy of the provision for doubtful debts “…each Controller is responsible for establishing a realistic basis for calculating a monthly provision. The preferred …

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Hotel Finance - Personnel and Payroll (Introduction) - SOP 2 years ago

FI 019: Personnel and Payroll (Introduction) Objective: To introduce the hotel payment and payroll general role and responsibilities. Details: File Size: 21 KB File Format: Word Print Length: 01 page Publication Date: October 31, 2016 Language: English Editable: Yes

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Hotel Finance - Night Auditing - SOP 2 years ago

FI 016: Night Auditing Objective: To establish an effective Night Auditing Procedure. “…All Room rates should be verified with the respective contract (If contracted) and or the reservation letter or Email or the details available at the reservation…” …

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