City Ledger Là Gì – What Does City Ledger Mean

Wikibuy Review: A Free Tool That Saves You Time and Money 20 Easy Scholarships to Enter in 2020 15 Creative Ways to Save Money That Actually Work

Bạn đang xem: City ledger là gì

Terry Masters Date: February 18, 2021 Hotel accounting is divided into front-office and back-office operations.

A city ledger, also called a house ledger, is a hotel”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgs accounting method for tracking non-guest transactions. Hotel accounting is divided into front-office and back-office operations. The front-office typically deals with registered guests and records their transactions to the guest ledger. Money that the hotel handles that is not attributable to a currently registered guest becomes part of the city ledger and is handled by the accounting department in the back office.

City ledgers may contain accounts that handle transactions for traveling executives.

Accounting systems use ledgers to collect related accounts. A city ledger is a collection of related accounts that tracks money a hotel brings in that is not part of a transaction associated with a currently registered guest. Some hotels use different terminology for this ledger, calling it the house ledger or the non-guest ledger. Whatever the ledger may be called, however, the function tends to be the same in standard hotel accounting systems.

City ledgers may contain accounts that are set up for businesses that use a hotel for meetings and events.

City ledgers typically contains at least four accounts. The first type of account is set up for individuals and businesses that use the hotel for meetings and events. Money collected from these types of customers are processed by the hotel”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgs accounting department, instead of the front desk. Usually, these customers receive a monthly bill or invoice that details charges associated with the event, rather than charges from a hotel stay. Weddings, conferences, seminars and group meetings are examples of events that would be tracked by this account in the ledger.

On this same note, the second type of account handles transactions for traveling executives. If a company has an open account with the hotel that allows any of the company”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgs employees to stay while they are in town, the transactions are recorded in the ledger as a company”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgs house account. The accounting department typically bills the company monthly for the charges generated.

Another city ledger account typically acts as a credit card holding account. When a guest uses a credit card to make payment, the amount is transferred from the guest ledger to the city ledger while the hotel waits for the credit card company to release payment. This reflects the fact that the guest is no longer staying at the hotel, so the open account cannot remain with the front desk. Once the guest leaves, the hotel”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgs accounting department is responsible for making sure that the credit card company remits payment.

Guests who fail to settle their bills when they leave also have the amounts transferred to an account in the city ledger. The accounting department becomes responsible for initiating collection proceedings against the person or following up as needed. This ensures that the hotel department that is most able to manage a collection process is assigned to the task.

Readers Also Love

26 Incredibly Wealthy Hollywood Stars Can You Guess Which Team These Athletes Played For? Any American Should Pass This US History Quiz Do You Recognize The Stars Who Wore These Iconic Outfits? The Most Beautiful Women Forecasting the Weather Amazing Optical Illusions That Will Play Tricks on Your Mind 40 Wedding Picture Fails You Don’t Want to Miss 17 Interesting Maps That Will Change Your Worldview

Xem thêm:

Please enter the following code:

📦Amazon Doesn”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgt Want You to Know About This Plugin

Learn about a little known plugin that tells you if you”https://daichiensk.com/city-ledger-la-gi/imager_13_7718_700.jpgre getting the best price on Amazon.

LEARN MORE

City ledgers may contain accounts that are set up for businesses that use a hotel for meetings and events.

admin