Set up accounting categories to track your revenue.

If you don't use an external accounting software

If you don't use external accounting software, you don't need to set up any codes with your accounting category.

  1. Go to Main menu > Settings > Property.
  2. Click Accounting categories.
  3. Click the + button.
  4. Enter the name of the accounting category.
  5. Under Code, you can enter a code for internal tracking in Commander.
  6. Click Create.

If you use an external accounting software

If you have external accounting software, you can set up additional codes to:

  • Share accounting data in Commander with your external accounting software (and vice versa)
  • Connect the accounting category to a cost center
  • Use double-entry bookkeeping to keep track of your debits and credits

Recommended accounting categories

The International Financial Reporting Standards (IFRS) recommends the following accounting categories for tourism, hospitality, and leisure revenue reporting:

Classification Accounting categories

Accommodation Room revenue
Cancellation revenue
Deposit
Discount
Late check-out

Food and Beverage Breakfast
Bar
Minibar
Shop

Payments Paid out
Cash
Visa
MasterCard
American Express
Other CC

Bank transfer

Sundry income Laundry Parking
Service charge
Miscellaneous

Taxes City tax

Did this answer your question?