logo
logo

Accounting

  • Full Service Management
  • Focused / Selected Service
  • Boutique Service
  • Resort
  • Accounting
  • Sales & Marketing
  • Food & Beverages
  • Human Resources
  • Profit Specialist
accounting

Vimahotels Management Design & Build provides managed properties with a full-service centralized accounting department that understands the complexities of the hospitality industry. All accounts are kept in conformity with the Uniform System of Accounts for the Lodging Industry and are reviewed on a continual basis.

Vimahotels Management Design & Build manages all aspects of the accounting professionals handles the demands of a multi-property accounting system. Our team able to provide managed properties a complete hospitality accounting solution on a daily basis. Constant assistance is provided with all accounting functions to each property. Vimahotels Management Design & Build provides the property with a comprehensive hospitality operations guide that covers all aspects of on-property administration. These policies and procedures are reviewed annually by both our hospitality accounting staff and our independent certified public accounting firm to make sure they are up-to-date with the most current standards in the industry. The accounting department also provides training on a wide array of hospitality accounting issues to the on-site management staff as needed.

Vimahotels Management Design & Build currently utilizes a state of the art centralized accounting system which allows our hospitality management company to spot and respond to costs and performance changes quickly. Vimahotels Management Design & Build Hospitality uses this web-based business intelligence to drill down into financial data to get a better look at specific account information and monitor and manage trends.

Standalone accounting services available to hotel owners:

General ledger analysis

Fixed asset recording and maintenance

Accounts payable management and check writing

Accounts receivable management and monitoring

Daily revenue reporting and analysis

Daily cash reporting and cash flow analysis

Coordination of bi-weekly payroll with our payroll service

Preparation of bi-weekly payroll management and overtime reports

Preparation of monthly sales and use tax returns

Preparation of monthly financial statements and reports

Analysis of operating variance and monthly/quarterly/annual projections

Preparation of annual operating and capital budgets

Comprehensive internal audits

Other consulting services for our owners including income tax assistance and new development analysis

Logo

© Copyright 2024 - All rights reserved.