Udemy

Platform

English

Language

Accounting & Bookkeeping

Category

Accounting for Hotel Industry: A Complete Guide

Must course for accounting & finance aspirants in Hotel Industry

3.50 (13 reviews)

Accounting for Hotel Industry: A Complete Guide

Students

2 hours

Content

Jun 2021

Last Update
Regular Price

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What you will learn

Accounting aspects related to Hotel Industry


Description

Welcome to this course “Accounting for Hotel Industry: A Complete Guide”

This course is created as a result of continuous demand from existing students. This Course is mainly for working professionals in hotel industry, those who pursuing professional courses in India like CA / CMA / CS and graduation like BCom / MCom / BBA, and those who have an adamant passion to enter into hotel industry and accounting jobs in hotel industry.

By taking this course you will be exposed to

· Introduction to Hotel Industry

· Accounting features of Hotel Industry

· Costing & Fixation of room rate

· Internal Control & Checks for Hotel Industry

This course is structured in self-paced learning style - class room teaching model has been adopted to enable the students to understand the concepts with utmost clarity.

You can listen course lectures any number of times as the course comes with life time access.

For effective listening, please use your headset. While watching lectures, please have a notepad and pen alongside, so that you can take notes of important points.

See you inside the course.



Content

Introduction

Introduction to hotel industry

Classifications of hotel industry

Common features of Hotel industry

Accounting features

Accounting features (Room)Part 1

Accounting features (Room) part 2

Accounting Features (Food & Beverages) part 1

Accounting Features (Food & Beverages) part 2

Accounting Features (Food & Beverages) part 3

Accounting Features (Foreign exchange compliance)

Accounting Features (Sales Department)

Front Office Accounting

Introduction

Guest Account & Non Guest Account

Folios

Vouchers

Different ledgers to be kept by Front Office Department

Front Office Accounting Cycle

Tracking of Transactions

Point of Sale

Charge Privileges

Credit Monitoring

Cash Banks

Miscellaneous Terms

GST for Hotel

Hotel Industry & Pre GST Era

GST Composition Scheme for Hotel Industry

Rate of GST on Food & Beverages (F & B) Sale

Rate of GST on Hotel Rooms

Pros of GST on Hotel Industry

Cons of GST on Hotel Industry

Costing & Rating

Introduction

Different types of Rate

Market Based Pricing Method

Rule of Thumb Method

The Hubbart Formula

Internal checks and Control

Introduction to Internal Check

Internal Control - Sales

Internal Control - Purchase

Internal Control - Cash

Various Risks and Control Measures


Coupons

DateDiscountStatus
11/30/202093% OFFExpired

2688110

Udemy ID

12/4/2019

Course created date

12/11/2019

Course Indexed date
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