Any financial data that are accumulated and summarized.

It is used for grouping of accounts.

Document detailing a transaction to be posted to a single account

Collection of non-guest accounts

a sub-ledger in which is recorded all credit sales and all payments made against invoices made by a business.

When a company purchases goods on credit that needs to be paid back in a short period of time, it is known as

It includes only the amounts due from resident guests- those occupying a room in the hotel and availing facilities on credit till check out.

It includes all other amounts due, as from credit card companies, contracted companies, travel agents, skippers, DNCO, etc. here when a guest checks out on his credit card or company account, he does not pay his bill in full.

It is an essential process designed to monitor and chart the financial transactions of guests and non-guests at the hotel during each stage of the guest cycle.