Hospitality Accounting

Download or read book Hospitality Accounting written by Steven M Bragg and published by Accountingtools, Incorporated. This book was released on 2018-01-26 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the essential accounting for anyone in the hospitality industry, which includes hotels, restaurants, spas, and similar businesses. It familiarizes the accountant with basic concepts and then addresses the various types of financial statements and the accounting needed to construct them. More detailed accounting topics include payroll, fixed assets, and payables. There are also many managerial accounting topics, such as the construction of a budget, price formulation systems, cost-volume-profit analysis, and cash management. In short, the book prepares the accountant for any accounting issues likely to arise in the hospitality industry.