Why? Because if you book a $200 room via Expedia ($40 commission): ❌ Bad accounting: +$200 Revenue / -$40 Expense (Looks like you made $160 profit). ✅ Correct accounting: +$160 Net Revenue (Realistic margin from the start).
👉 Never post OTA revenue as gross income. Always net it against commissions immediately. hotel accounting
Hotel accounting isn’t just about tracking expenses. It’s the strategic backbone that turns a booked room into a profitable asset. $10 there. Walkouts
3️⃣ $5 here, $10 there. Walkouts, no-shows, and "friends & family" rate abuse kills margins. Audit the audit trail. hotel accounting
📊 Great hotels sell experiences. Great hotel accountants ensure those experiences don't bankrupt the business.