$2.99
To ensure the strict control over payments by minimizing cash amounts.
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
To guarantee the cash float safety and ensure that the cash float amount is adapted to the activity of the related outlet.
Organizing and implementing the purchasing, receiving and storing system with proper control of quality and value of raw materials, minimizing loss through efficient production, standardizing the production method to satisfy the majority of the guests as well as to secure proper profit levels.
To encourage an efficient and active management of all the Hotel’s cash resources and thereby maximize earnings through reduced short term borrowings and increased deposit interest income.
