Types of Folios

A statement of all transaction that has taken place in a single account

• folio

• payment

• receipt

• bill

A guest folio can only be a written record of guest account.

• TRUE

• FALSE

A folio is opened with _____.

• a minimum of 5% of initial balance

• a minimum of 10% of initial balance

• zero final balance

• zero initial balance

A folio is opened when . . .

• a guest is about to check out

• it is still being prepared

• a transaction is made by the guest

• a transaction is made by the hotel

Identify the type of FOLIO

A folio created for each guest as soon as the first financial transaction take place between the hotel and the guest.

• guest folio

• master folio

• split folio

• non-guest folio

Identify the type of FOLIO

A folio that contains records of a walk-in customer that is only visiting and non-staying.

• guest folio

• master folio

• split folio

• non-guest folio

Identify the type of FOLIO

A folio that is also called as "city folio".

• guest folio

• master folio

• split folio

• non-guest folio

Identify the type of FOLIO

A folio that contains the financial details of all the guests staying in the hotel in a group, organization, or company, etc.

• split folio

• master folio

• guest folio

• employee folio

Identify the type of FOLIO

A folio assigned to a guest on his/her request to split his/her charges and payments between two personal folios.

• split folio

• master folio

• guest folio

• employee folio

Identify the type of FOLIO

A type of folio where the amount is later collected or deducted from their salaries as per hotel’s policy.

• split folio

• master folio

• guest folio

• employee folio