Set up accounting categories to track your revenue.
If you don't use an external accounting software
If you don't use an external accounting software, you don't need to set up any codes with your accounting category.
- Go to Main menu > Settings > Property.
- Click Accounting categories.
- Click the
+button. - Enter the name of the accounting category.
- Under Code, you can enter a code for internal tracking in Commander.
- Click
Create.
If you use an external accounting software
If you have an 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 |