Hotel Accounting Services
Southwind Hotels and Resorts works directly with hotel staff to produce monthly financials for property owners using a specific hotel management accounting system. This system generates the reporting needed to effectively monitor an owner's asset.
Hotel accounting services provided by Southwind generally fit into the following categories:
- Daily processing of monthly forecasts, market segment sheets, and deposit sheets
- Monthly Profit and Loss statements
- Bank reconciliations
- Management of Accounts Payable
- Maintenance and review of the General Ledger
- Operating Statements
- Balance Sheets
- Budgets
- Advanced accounting software used to generate a variety of projection reports to determine cost control measures
- Custom reporting based entirely on a client's reporting needs
