Revenue
{{ hsNum }} / {{ hsTot }}
Industries
Hospitality & Tourism
Hotels, resorts, restaurants, travel agencies and trekking operators earn revenue across many outlets, currencies and seasons. We help them control revenue and costs, meet VAT and tax obligations, and report results that owners and lenders can rely on.
Industry
perspective
Hospitality & Tourism
In hospitality, revenue is earned in small amounts, every day, across many points of sale. The accounts are only as good as the controls behind them.
Room, food and beverage, and package revenue flow through several systems, and reconciling them to cash, cards and receivables is a constant task.
Seasonality affects cash flow and staffing, while foreign currency receipts, advance bookings and commissions add complexity to revenue recognition.
Significant investment in property and equipment means depreciation, maintenance and financing decisions weigh heavily on reported performance.
Key challenges
Where guest experience meets financial control.
{{ kcCount }}
Our approach
Support shaped around your operating cycle.
We start by understanding your revenue streams, outlets and systems, and how cash and receivables are collected and recorded.
Our audit and review work concentrates on revenue completeness, cost of sales, VAT, payroll and fixed assets, along with the controls at each outlet.
We also support budgeting and cash flow planning around the seasons, and analysis for refurbishment or expansion decisions.
Services
How we can help
Industry understanding
Understanding the businesses behind the guest experience.
- Business model
- Room, food and beverage, package and commission revenue.
- Seasonality
- The effect of tourist seasons on revenue, cash and staffing.
- Operational processes
- Front office, outlets, purchasing and stores.
- Reporting risks
- Revenue cut-off, advance bookings and foreign currency.
- Regulatory environment
- VAT, service charge, tourism and local requirements.
- Management objectives
- Occupancy, average rates, cost ratios and cash position.
Industries
Explore other industries
Insights
Insights for hospitality & tourism businesses
Planned articles. Publication dates to be confirmed.
VAT
Applying VAT and service charge correctly
Coming soon
Cash flow
Planning cash flow through the off-season
Coming soon
Controls
Store and inventory controls in food and beverage
Coming soonLet's discuss your business requirements.
Connect with our team to discuss audit, tax, accounting, and advisory services for your organization.
- Office
- Srijan Tole, Samakhushi, Kathmandu, Nepal
- Phone
- +977-9845819811 / 9716393920
- audit.acharyaca@outlook.com
Thank you, {{ form.name }}.
Your enquiry has been recorded in this prototype. Once the form is connected, our team will respond by email.