The following records are provided by SIHOT:
1. Revenues
2. Payments
3. Debtors
4. Guest ledger
1. Hotel Revenue:
Each revenue account must be assigned a general ledger account on which you book the revenue in Accounts. Usually, one general ledger account is allocated to a bunch of revenue accounts. The revenue is being booked on the day the service was rendered. For transparency reasons, SIHOT cumulates all postings of the month in order to provide one accounting record per general ledger account and month.
The accounting records are:
•summary account to revenue
•guest ledger to summary account
2. Payments:
Each payment type must be configured with the respective account, on which the postings are made in Accounts. The payment types of the property are made available in the Accounts-interface as per the cash journal. SIHOT cumulates all payment types of the month in order to provide one accounting record.
The accounting records are:
•cash till to summary account
•summary account to guest ledger
3. Debtors:
On a daily basis, SIHOT determines the hotel’s receivables as per the city ledger balance. SIHOT determines the changes in this area over the whole month and provides Accounts with the entire balance of receivables rather than those of each debtor separately.
The accounting records are:
•debtor to summary account
•summary account to guest ledger
4. Guest Ledger:
On a daily basis, SIHOT determines the status of the guest ledgers of all hotel guests as per the guest account list. Any changes that occurred during the period from the first to last day of the moth are provided to Accounts in one accounting record.
The accounting records are:
•debtor to summary account
•summary account to guest ledger