Hotel/Hospitality Accounting Services

+1 (646) 367-8976

sales@ohiaccounting.com

A 15 year old finance and accounting outsourcing company providing skilled and experienced accountants at economical rates. High expertise in QuickBooks, NetSuite, Sage Intacct, Microsoft Dynamics and Oracle packages. Our services have been used by 300+ businesses including hotels, motels and hospitality firms in California, New York, Texas, Florida, Colorado, Kansas and Washington among others.

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Cost Efficient

Realize cost reductions of 40-60% on your existing staffing costs

Faster Turnaround of Work

Work gets done faster due to complimentary time-zone differences

Focus on Core Business

Focus on running the business instead of managing books

Optimize Staffing

We can work in part-time, full-time or on project basis

Our Services

Accounts Payable

Entry of invoices, processing bill payments, vendor reconciliations and accounts payable aging reports


Revenue Accounting

Daily revenue accounting and reporting under departmental heads such as room revenues, in-room dining revenues, F&B revenues among others


Reconciliations

Daily/Weekly cash, bank, credit card and merchant account reconciliations


Inventory

Periodic physical inventory to books, inventory reconciliation, tracking of inventory losses and inventory control


Payroll

Process weekly/bi-weekly payroll, payroll taxes calculation and payroll reports


Month End Closing & Reporting

Preparation of monthly financial statements and reports


Budgeting & Analysis

Budgeting for every discipline of the hotel, analysis of operating variance and monthly/quarterly/annual projections, preparation of annual operating and capital budgets


Dashboards

Hospitality Dashboards covering occupancy, revenue, Net income, cash balances and other key business parameters


Tax Return Tasks

Sales tax, occupancy tax, use tax and commercial activity tax reconciliation and payment


Other Tasks

Set-up of accounting system, back-log accounting and clean-up of incorrect books

* The listed set of services are indicative. Custom activities can be added upon request depending on complexity and skill level required

Software Expertise

We have high expertise across multiple hospitality and hotel accounting software used in USA. Our team can get trained in a custom ERP/software or any other software with minimal learning curve due to our experience working in multiple national/international accounting packages.

Pricing

The indicative standard charges for junior and senior accountant roles are listed below.

Custom packages of 25, 50 and 80 hours per month are available

HOURLY CHARGES

$11

*Onwards

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$1500

JUNIOR ACCOUNTANT

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$2200

SENIOR ACCOUNTANT

Entry of invoices, bills

Bank and credit card reconciliation

Simple management reports

Turnaround time: 3-5 business days

Full-time staffing (160 hours per month)

Accounts payable processing

Bank and credit card reconciliation

Accounts receivable processing

Turnaround time: 1 business day

Full-time staffing (160 hours per month)

All junior accountant activities plus

Month end closing

Financial reporting and analysis

Turnaround time: 1 business day

Learn more about our accounting outsourcing services.

About Us

  • 300+ clients served since 2006 across North America in all major states
  • High client satisfaction - Most of our clients have been with us since 8+ years
  • Senior management team with rich outsourcing and management experience since 2003 in global companies
  • High familiarity with hotel accounting procedures and business practices
  • Staff with at-least six years of hospitality and hotel accounting experience
  • High expertise in QuickBooks, NetSuite, Sage Intacct and Microsoft Dynamics
  • Spacious office set-up (6000 square feet) with high speed internet, modern facilities and uninterrupted power supply
  • 100 MBPS high speed dedicated internet leased line

75+

clients

300+

employees
Team & Staff Profile

Real Customers, Real Satisfaction!

A mid-size management consulting firm managing nine hotels in Orlando region.

A vertically integrated, full service real estate company based out of Bellevue, WA. The firm has more than 80 properties including motels under management.

A chain of luxury retail boutiques at five star hotels and resorts around the world. Over 58 stores across the USA, Europe, Caribbean, South America, Middle East and South Pacific

We also perform monthly and/or quarterly accounting for hospitality firms serviced by our CPA clients

Learn More About Our
Hotel and Hospitality Accounting Services

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