Accurate, timely and effective accounting and control systems are essential for the profitability of any business.  Hospitality America tailors and installs systems appropriate to the size and the scope of each property.  Larger projects are provided on-site accounting staff backed by highly experienced centralized support and computerized reporting.  Unlike many of our competitors, smaller inn's accounting is streamlined and centralized to reduce individual property overhead.

  Strong property level financial systems insure accurate daily revenue reports, review of inventory, collection of accounts receivable and management of daily cash reports.  Other essential HA internal controls include:  staffing guides and daily labor cost monitoring; purchase order systems; food and beverage cost control systems and night audit procedures.

  A state of the art, computerized accounting system functions as the technical nucleus of our financial planning and management support function.  Monthly financial reporting follows the Uniform System of Accounts for Hotels but is customized to the particular requirements f each hotel  Each department is examined with 12 columns of data comparing current period and year-to-date to budget and prior year, each with percentage variance.  Statistics are tabled and charted to identify trends.  A general ledger, bank account reconciliation, and aging of accounts receivable are included in the monthly laser printed financial reports.

  Constant daily, weekly and monthly financial monitoring and analysis enable on-site and central management to identify adverse variances and take immediate corrective action.  The overriding objective is to maintain the security of the owner's assets and to maximize the hotel's return on investment.