All You Wanted to Know About Hotel Night Audit

IDS Next-Night Audit-Banner-Image
Hospitality properties close each day’s business with a ‘hotel night audit’. This ‘day end process’ covers the change-over from one business day to the next. The hotel night audit process starts with verification of all critical information which has happened across the day and proceeds for collation and grouping of that day’s transactions ending with generating crucial business reports and Management Information System (MIS) information of the concluding business day.

Why is a hotel night audit important for operations?

Abhijit-IDS Next-Sr Product Specialist-TSCNight audit process is mandatory for a hotel operation, as it is part of the accounting section of the hotel. In a 24/7 business environment, guests check-in and check out at all hours and pay their bills either through cash, cards or other ways of settlements. At the end of the business day, hotels need to ensure that guest folios and their transactions are properly recorded and reconciled. The night audit process performs tasks of collating revenue against various revenue heads including collections and posting transactions.

In a nutshell, completion of night audit for a business accounting day will also have a check and balance in closing the accounting for that day and debarring any one from updating the information of previous day so that sales and collections are not altered. Read More

Published in: IDS Next Blog
By: Myra Allen


About hospitalitytechnology

Technology is making greater and greater inroads into our lives. Right from when we wake up in the morning to when we head to sleep – we cannot imagine a life without the gadgets and gizmos that make life easy and interesting. When we travel and stay in hotels, our expectations are no different. We expect all the technological amenities we easily access at home if not more. The hospitality industry in increasingly accessing technology to wow guests, optimize their use of manpower, control hotel functions in an integrated manner and on the whole reduce costs while increasing efficiency. This blog is meant to track these technological changes happening in the hospitality sector. The growing move towards sophisticated hotel ERP, the growing use of cloud computing, the rapidly changing customer facing devices – smart phones and iPads, the increasing security concerns and more. Expect to find interesting articles, whitepapers, thoughts, and observations. Feel free to comment and even mail us content that you don’t mind posted here. Happy reading!
This entry was posted in Guest Experience Enhancement Solution, Hospitality, Hospitality Technology, Hotel ERP and tagged , , , , , . Bookmark the permalink.

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