Accounting & Reporting Services

Reports are critical for properties to comply either with franchise, federal and local regulations. Tailor Made Hospitality helps hotels manage this very important aspect of their business through the following activities:

• Initial Audit of current and pasts situation
• Audit report with recommendations, solutions and application timelines
• Income Journal
• Accounts Payable
• Monthly Financial Close
• Balance Sheet Reconciliation of all accounts
• Generation of standard monthly financial reporting package
• Development of Internals Controls
• Financial Statements Productions and Analysis
• Budget and Pro forma Development
• Bank Account Reconciliation and Cash Management Services
• Accounts Receivable Billing and Collections
• Accounts Payable Processing
• State & Local Tax Filings
• Creation of property dashboards