How to pass journal entries of hotel business

I have obtained query in which a fresh accountant who appointed as accountant wants to know

different voucher entries regarding hotel business .

Hotel business is that kind of business in which businessman buys different eatable

products and then he or his employees make finished product in the form of hotel dishes and

here is also rendered different purchase and sale of drinks product .

Transaction is almost same but if hotel is operating at corporate basis .Then it is good

for to make stock categories in tally 9 and then makes different stock items in inventory

info .

Procedure of passing Journal Entries of hotel business in tally
  • Ledger creation
  • Makes inventory ledgers in Inventory info.
  • writes different units in unit measurements .
  • Make list of raw materials in stock items .

    Write different ledger accounts under following heads in account info.
  • purchase account under purchase account
  • sale account under sale account
  • different direct expenses under direct expenses account
  • different creditor account with their respective name under sundry creditor account
  • different debtor account with their respective name under sundry debtor account
  • create other ledger account from time time for recording the transactions of hotel business .

    Pass the voucher entries

    1. When hotel employees purchases raw material

    Purchase account Debit

    bank account or creditor account if purchase is not with cash Credit

    2. When payment to the creditors is done .

    Creditor account debit

    Bank account Credit

    3. When products of hotel is sold

    Bank account/ Debtor account if not sell on cash debit

    Sale account Credit

    4. When cash received from debtors

    Bank account debit

    Debtors account credit

    5. When expenses are paid

    Respective expenses account debit

    Bank account credit
There are also other many transaction , for passing their journal entries , first makes their ledger account , the pass journal entries in Account vouchers .


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Accounting Education: How to pass journal entries of hotel business
How to pass journal entries of hotel business
Accounting Education
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