Easily accept payments from any country, in any currency!
Having reliable and up-to-date accounting records from booking to check-out, and receiving payments based on these records, plays a vital role in your hotel's financial sustainability. Eptera's accounting tools allow you to track all incoming payments from the booking step and offer flexible payment methods to your guests. With Eptera, there is no scam, no guests leaving without paying, and no wrong end-of-day transactions. Your financial health has never been better. You now enjoy full financial control because you have Eptera!
Key Features
Variety of payment methods
Track the use of services in your rooms, such as electricity and water.
Foil management
Provide the housekeeping staff with real-time information.
Current control
Accept all payment methods.
End of day transactions
Manage guest folios comprehensively.
Pre-Accounting Transactionsment
What can it do?
Trial Balance Tasks Reflection Entries Payment Orders Ledger Transactions Invoices Hotel Control Lists Financial Status Financial Statements e-Journal Daily Exchange Rates Daily Currency Rates & Entry Currency Valuation (Multiple Currency) Currency Re-evaluate Cheques and Notes Checks Budget Analysis Bank Statements BaBs Reconciliation and Form Aging Accounting Statement Account Reconciliation Account Plan Account Analysis
Account Analysis Account Plan Account Reconciliation Accounting Statement Aging BaBs Reconciliation and Form Bank Statements Budget Analysis Checks Cheques and Notes Currency Re-evaluate Currency Valuation (Multiple Currency) Daily Currency Rates & Entry Daily Exchange Rates e-Journal Financial Statements Financial Status Hotel Control Lists Invoices Ledger Transactions Payment Orders Reflection Entries Tasks Trial Balance
Frequently Asked Questions
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What are hotel accounting procedures?
Hotel accounting procedures include managing and recording the daily financial activities of the hotel. These tasks are usually performed at the hotel's reception or front desk and include guest account management, daily revenue reporting, invoicing, collections, cash flow management, and credit card processing. Accounting is vital to maintaining the financial health of the hotel and ensuring the accuracy of financial data. Thanks to these processes, the hotel business can effectively track its income and expenses and continuously monitor its financial performance.
What is hotel safe management?
Hotel cash management includes the processes that organize and control the daily cash flow of the hotel. This management is carried out by the reception and financial services department, which keeps track of all cash movements in and out of the hotel. Effective cash management protects the financial health of the hotel and enables transparent operations by ensuring that cash is safely stored, bank transactions are carried out, and financial losses are prevented.
How to manage current transactions in a hotel?
Via your hotel management system, you can easily manage the current transactions and credit folios in the current account of the hotel. In this way, you can keep track of payment transactions and credits in detail and keep transactions under control without a separate accounting module.
How to make end of day checks at the hotel?
End-of-day procedures in a hotel include recording daily guest and service transactions and determining the financial position. In this process, guest check-in/check-out, room charges, and all sales are recorded. The hotel's total income and expenses are then calculated to determine the end-of-day profit or loss. These procedures are important for monitoring and managing the financial health of the hotel.
What is hotel invoice tracking?
Hotel invoice follow-up is the process of recording, verifying, and paying invoices for goods and services purchased by the hotel. This process is carried out by the hotel's financial affairs department and is important for tracking debts, ensuring timely payments, and updating financial records. It is also used in budget management and financial planning processes.
What are the frequently used reports in hotel front office accounting operations?
Reports commonly used in hotel front desk accounting procedures are vital for monitoring the hotel's finances and making management decisions. These reports are typically generated by hotel management software or accounting systems and used by finance managers and administrative managers. Daily revenue reports provide detailed information on revenue generated from various sources within the hotel, while guest account reports list detailed expenses and payments made by guests. Daily expense reports include the hotel's operating costs, from staff salaries to cleaning supplies, and cash reports track the amount of cash coming in and out of the hotel. These reports help hotel managers to understand the financial picture, analyze income and expenses, and make informed decisions about the business. They also play an important role in monitoring the financial performance of the hotel and taking necessary actions.
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