Hotel Accounting : A Managerial Approach

Contents: Preface. 1. Accounting: an introduction. 2. Primary books journal. 3. Secondary book ledger. 4. Cash book. 5. Bank reconciliation statement. 6. Trial balance. 7. Depreciation. 8. Final account. 9. Balance sheet with adjustments entries. 10. Departmental accounting. 11. Uniform system of accounting. 12. Hotel budgeting. 13. Internal control. 14. Basic requirement for hotel accounting. 15. Internal audit. 16. Mechanixed accounting. 17. Tally. Annexures. Glossary.  Bibliography. Index.
 
The objective of writing this book for the students fraternity of Hotel Management Study is to acquaint them with the knowledge and relevance of accounts bookkeeping and finance applicable in the hotel and hospitality industry being a commercial service organisation.

With this objective in mind I have with all my best efforts compiled this book. The purpose is to help the students understand the accounting system information and how this information is utilized by the users to make better and valid decisions. I have tried my best to write in simple English so that the students can understand and inculcate interest of this subject in depth for their future managerial growth. In order to make the study easier the book has been divided into various sections and each chapter has been formatted judiciously comprising of:

Objectives to be achieved at the end of study.
The text and its related numericals in the prescribed formats for practical applications.
Question and answers for self study and evaluation.
Case studies wherever required.

The aim of this book is to cover the basics and advance knowledge of bookkeeping and accounts necessary for those involved in carrying out hotel accounting operation in the hotels. In addition the book will also enrich and educate the operations managers about the financial discipline they have to comply with in day to day operations. (jacket)