Matakuliah : G0424 – Hotel and Restaurant Management Tahun : 2008 Finance and Accounting Department Pertemuan 12 Topics • Finance • Accounting Bina Nusantara University 3 Learning Outcomes • Students are able to differentiate between finance and accounting in hotel industry • Students are able to explain each job position and job task in finance and accounting department. Bina Nusantara University 4 The Importance of Finance and Accounting Dept. • • • • Transaction – Sell and Buy In and out cash flow Purchasing and Payment Wages and Salaries Bina Nusantara University 5 Payment Methods in Hotel • • • • • • Cash Credit cards Transfer Voucher Traveller Cheque Guarantee Letter (for Corporate Account) Bina Nusantara University 6 Room Rate Bina Nusantara University • Rack rate/Normal rate/Published rate • Discount rate • Complimentary rate • Weekdays/weekend rate • Family rate • Special rate • Corporate rate • Package rate • Promotional rate 7 Scope of Work in Finance and Accounting Department Accounting • Posting daily transaction into journal • Prepare financial statement – balance sheet and profit/loss statement • Interpret financial condition which will be analysed by Finance Bina Nusantara University Finance • Plan the maximum used of company assets • Plan capital bugdet and cash budget • Dividend payment • Distribute finance information to stakeholders. 8 Finance/Accounting Department Structure Finance Director, Controller General Cashier Payroll Clerk Night Auditor FO Cashier F&B Cashier Checker Bina Nusantara University Accountant Receiving Clerk Timekeeper Account Payable Account Receivable Purchaser Cost Controller 9 Interdepartmental of Accounting n Finance Dept Rooms Human Resources Housekeeping F&B Service Finance Accounting Kitchen Marketing Sales Bina Nusantara University Engineering 10 Conclusion • In many The finance and accounting department combines staff functions and line functions, or those functions directly responsible for servicing guests. • The existance is important to afford the hotel corporation an independent verification of the financial and operating results of the hotel. Bina Nusantara University 11
© Copyright 2024 Paperzz
