It is a set of guest accounts currently residing in the hotel.

This stage in the accounting cycle conducts the verification of postings through night audit.

A set of procedures used to prepare, maintain, monitors, record the transactions of guests and groups, and other non-guests using the hotel facilities and services.

Cash received during registration should be posted in

Record of the financial transactions that take place between a non-resident guest and the hotel.

Guests who leave the hotel without the settlement of their accounts are known as __________

A statement of all the transactions that take place between a hotel and a guest.

The process of recording transactions on to a folio is called

It is a type of folio assigned to charge groups or organizations.

Expand POS

Documents that have details of transactions made by guests from various point of sales in hotels like, room service, restaurant, etc. is known as

The money paid by the hotel on behalf of guests is known as

An amount deducted from an invoice to compensate the buyer for an expense or mistake.

A collection of front office account folios is known as

The collection of non-guest accounts is known as

Account of skipper guest should be transferred to

An account is created at the time of

Room charge of guest should be posted in

PMS stand for

The physical locations at which goods or services are purchased

A privilege give to resident guest to do the credit transactions is known as

The amount of cash assigned to a cashier to handle the various transactions that occur during a work shift.

___________ is used to record financial transactions of employees with charge purchase privileges

Voucher prepared for the payment of miscellaneous services and facilities, like laundry, health club, fitness centre, beauty salon, etc. is known as