Debtors and creditors
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Profit oriented
In running the hotel, you should be profit-oriented. There are no problems with liquidity, we refrain from VAT, liquidity and financing budgets.
You also do not have to look into debtors and creditors in your decisions, as they play no 'role' in the accounting of the Emerald Forest Hotel, as we do it now.
All customers pay for their reservation, at the time of booking. Generally, this seems to be in the same month as they arrive at the premises. The costs incurred by the hotel, are also paid in the month they occur.
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