Objective:
To ensure that payment for credit extended by the Hotel is received promptly, and in full.
“…Requests for billing to a third party will normally be made at the time that the room reservation is made. The reservations department should check with the Accounts Receivable accountant before confirming that it is OK for the account to be forwarded to the third party…”
Includes:
– BILLING
– POSTING TO ACCOUNTS RECEIVABLE
– INVOICING
– RECEIPT
– ACCOUNT RECEIVABLE REVIEW
– RETURNED CHEQUES
Details:
Department : Finance / Accounting
Who is it for: Financial Controller, Chief Accountant, Accounts Receivable Manager
Document Type: SOP
Level of Detail / Difficulty: Concise / Intermediate
Involved Skills: Accounting, Financial Analysis, Negotiation, Client Relations, Compliance, Communication, Time Management
File Format: Word (.docx)
Word Count: 2,624
Print Length: 08 Pages
File Size: 29 KB
Language: English
Editable: Yes
Ready to Print: Yes
