Automated Reconciliations: Mastering Financial Accuracy with Software
Reconciliation is critical to maintaining precise financial records for all companies, but it’s an expensive task for hoteliers to manage manually.
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Reconciliation is critical to maintaining precise financial records for all companies, but it’s an expensive task for hoteliers to manage manually.
David Lund, the Hotel Financial Coach, outlines accounting procedures hotels should adopt now to ensure they are prepared for an audit.
Rising operating costs pitted against slowing demand and muted rate growth doesn’t paint a rosy picture for hotel operators moving forward.
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