Front office accounting

What is accounting ?There are two types of accounting1. Guest account2. Non-guest account

What is a Vouchers ? Hotel uses following types of vouchers to record financial

transactions : Visitors Paid out (VPO) voucher Miscellaneous Charge Voucher Cash Receipt Voucher Telephone Call Voucher Travel agent Voucher Commission Voucher Guest Allowance Voucher Restaurant / Bar check

What is folios ?There are four types of folios ?

1. Guest folio

2. Master folio

3. Non-guest folio/ city folio

4. Employee folio

Ledger

A ledger is a collection of the same type of accounts. The front office ledger has a collection of folios. There are normally two ledgers maintained by the front office. They are:

Guest Ledger City Ledger

What is guest ledger ?Guest Ledger can further be divided into two sub categorizes.1.Horizontal tabular ledger2.Vertical tabular ledger

What is city ledger ?