Accounting for Hotel Industry: A Complete Guide
2.9 (5 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
17 students enrolled

Accounting for Hotel Industry: A Complete Guide

Must course for accounting & finance aspirants in Hotel Industry
2.9 (5 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
17 students enrolled
Last updated 2/2020
English
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Current price: $96.99 Original price: $149.99 Discount: 35% off
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This course includes
  • 2 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Accounting aspects related to Hotel Industry
Requirements
  • Basic knowledge of Accounting
Description

Welcome to this course “Accounting for Hotel Industry: A Complete Guide”

This course is created as a result of continuous demand from existing students. This Course is mainly for working professionals in hotel industry, those who pursuing professional courses in India like CA / CMA / CS and graduation like BCom / MCom / BBA, and those who have an adamant passion to enter into hotel industry and accounting jobs in hotel industry.

By taking this course you will be exposed to

· Introduction to Hotel Industry

· Accounting features of Hotel Industry

· Costing & Fixation of room rate

· Internal Control & Checks for Hotel Industry

This course is structured in self-paced learning style - class room teaching model has been adopted to enable the students to understand the concepts with utmost clarity.

You can listen course lectures any number of times as the course comes with life time access.

For effective listening, please use your headset. While watching lectures, please have a notepad and pen alongside, so that you can take notes of important points.

See you inside the course.


Who this course is for:
  • Accountants working in Hotels
  • Students aspiring to work as Accountant in Hotels
Course content
Expand all 38 lectures 02:11:16
+ Accounting features
7 lectures 30:41
Accounting features (Room) part 2
07:26
Accounting Features (Food & Beverages) part 1
04:01
Accounting Features (Food & Beverages) part 2
05:50
Accounting Features (Food & Beverages) part 3
06:16
Accounting Features (Foreign exchange compliance)
00:48
Accounting Features (Sales Department)
01:35
+ Front Office Accounting
12 lectures 34:49
Introduction
05:26
Guest Account & Non Guest Account
02:06
Folios
02:44
Vouchers
05:32
Different ledgers to be kept by Front Office Department
03:52
Front Office Accounting Cycle
03:17
Tracking of Transactions
06:02
Point of Sale
01:40
Charge Privileges
01:04
Credit Monitoring
00:48
Cash Banks
01:21
Miscellaneous Terms
00:57
+ GST for Hotel
6 lectures 25:33
Hotel Industry & Pre GST Era
02:44
GST Composition Scheme for Hotel Industry
06:00
Rate of GST on Food & Beverages (F & B) Sale
05:33
Rate of GST on Hotel Rooms
04:28
Pros of GST on Hotel Industry
04:16
Cons of GST on Hotel Industry
02:32
+ Costing & Rating
5 lectures 15:47
Introduction
01:09
Different types of Rate
03:49
Market Based Pricing Method
02:55
Rule of Thumb Method
02:20
The Hubbart Formula
05:34
+ Internal checks and Control
5 lectures 15:11
Introduction to Internal Check
02:06
Internal Control - Sales
02:54
Internal Control - Purchase
03:27
Internal Control - Cash
03:41
Various Risks and Control Measures
03:03