The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Hotel accounts - cost of sales
Post Info TOPIC: Hotel accounts - cost of sales
rachel_mclean


Guru

Status: Offline
Posts: 625
Date:
Hotel accounts - cost of sales
Permalink Closed

Happy New Year to you all!! 

I have a question about cost of sales for a hotel that feeds the guests, please can anyone tell me if these expenses would be COS or expenses? This is what I have in but I'm not sure its correct.

COS:

Food

Expenses:

cleaners wages

cleaning (products) &  laundry

electricity/water

 

Also I'm wondering where I would put payments to the likes of bookking.com and late rooms? and what to call the expense account (if it's not COS) right now I have them in in an expense account called 'booking.com etc' because I don't know what to call it.

 

Thanks in advance for any help, I know you're all probably very busy this month.

 

Rachel



__________________

Rachel
bk


Senior Member

Status: Offline
Posts: 171
Date:
Permalink Closed

Hi Rachel I would put booking.com charges through as an expense of commission paid. I would also put the cleaning materials and laundry through as a COS. Debbie

__________________

Debbie Brown-Kane

Oakmanor Accountancy

www.oakmanoraccountancy.com

e: debbie@oakmanoraccountancy.com
rachel_mclean


Guru

Status: Offline
Posts: 625
Date:
Permalink Closed

Hi Debbie

Thanks very much for your help, this is really useful.

Thanks again
Rachel

__________________

Rachel
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Hotel accounts - cost of sales
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About