The top portion of
Guest Ledger contains
the various
while the
bottom portion of it
shows the credits like
respectively
Answers
Answer:
There exist several transactions between the hotel and the guest. it is the front office staffs that carry out this functions. Normally hotels have a front office cashier to engage in these type of transactions with the guset. As soon as the registration of the guest is over,folio is opened no his/her name to record all transactions.The gueat folio should always updated whenever the makes a transactions.At the time of guest's check out, the guest's folio is verified for the outstanding expenses of the guest. The final bill is made handed over to the guest for the settlement.
The following are the main objectives of the front office accounting system:
To handle the guest’s transactions in an easy way
To identify the revenues from different departments
To monitor credit limit of the guest
To avoid the fraudulent practices of staff
To maintain an accurate data of guest’s transactions
To save time and to avoid misplacement's
Explanation:
Answer:
hotel and the guest. it is the front office staffs that carry out this functions. Normally hotels have a front office cashier to engage in these type of transactions with the guset. As soon as the registration of the guest is over,folio is opened no his/her name to record all transactions.The gueat folio should always updated whenever the makes a transactions.At the time of guest's check out, the guest's folio is verified for the outstanding expenses of the guest. The final bill is made handed over to the guest for the settlement.
The following are the main objectives of the front office accounting system:
To handle the guest’s transactions in an easy way
To identify the revenues from different departments
To monitor credit limit of the guest
To avoid the fraudulent practices of staff
To maintain an accurate data of guest’s transactions
To save time and to avoid misplacement's
Documents Generated in Guest Accounting
There are various documents that are maintained to ensure a proper guest accounting system in hotels. They are as follows.
1) Folios
2) Vouchers
3) City Ledger
4) High Balance Report
5) Guest Ledger
1) Folios:A folio is a statement of all transactions (i.e. debits & credits) affecting the balance of a single account. At Checkout, any guest folio should be balanced to 0 through full cash payment, credit card transfer, personal check transfer, special program transfer, and direct billing transfer…The correct way of maintaining folios starts with proper posting, which is the process of recording transactions on a folio (i.e. proper folio, proper location and proper amount)Under the manual, semi automated and fully automated systems, folios are called hand-written folios, machine-posted folios, and computer-based electronic folios respectively. Moreover, all folios shall have a unique serial number for internal
Explanation:
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