If you want to see your hotel’s financial health and make sure you aren’t missing out on anything, you should look at your cash flow statement first. This will tell you whether you have enough money to meet your needs and if you are on track. If you haven’t yet mastered the art of creating a balanced budget, you should…
Cash flow is one of the most important aspects of accounting and it’s essential to have a good understanding of it in order to make sound decisions for your business. By using hotel accounting software, you can improve your cash flow by automating many of the tasks that need to be done on a daily basis. This not only saves…