Tag Archives: #LodgingBookkeeping

28. What are the key financial transactions that a Lodging–Hotels, Motels, Resorts should record in Bookkeeping?

Financial Transactions   Sure, here are some of the key financial transactions that a lodging establishment should record in bookkeeping: 1. Room revenue: This is the most important source of revenue for most lodging establishments. It includes the sale of rooms, as well as any additional charges, such as room service, minibar, and parking fees.… Read More »