Katie Paolino
The Hotel Income Statement- Everything You Need To Know
A hotel income statement, also known as a profit and loss statement, provides a detailed overview of a hotel's financial performance and...
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Buck Paolino
How should our hotel handle a cancellation or attrition charge?
So, we had the following question asked, How should our hotel handle a cancellation or attrition charge? This is a question we get asked...
Buck Paolino
Don't let this mistake mess up your hotel's cash flow!
Hotel Cash and Financial Reviews Hotel Owners, Management Teams, and Hotel Controllers: Let’s chat about the bank for a second. Recently,...
Buck Paolino
How to choose the right Point of Sale System (POS) for your hotel.
What to look for in a Hotel Point of Sale System (POS)! Recently, I got a call from a hospitality professional who was put in charge of...
Katie Paolino
Understanding USALI - Uniform System of Accounts for the Lodging Industry
Is NOW the right time to start using USALI? Is now a good time to start using the Uniform System of Accounts for the Lodging Industry...
Katie Paolino
Key Considerations for Your Hotel Chart of Accounts.
This video is part three of a series on key considerations for your hotel chart of accounts. The speaker provides seven important...
Katie Paolino
A Guide to Updating Your Hotels Chart of Accounts with USALI
Watch this video before updating your USALI (Uniform System of Accounts for the Lodging Industry) chart of accounts! This video provides...
Katie Paolino
What is different about the Hotel Chart of Accounts and what is USALI?
What is different about the Hotel Chart of Accounts and what is USALI? The chart of accounts is a crucial foundation for creating...
Katie Paolino
How often should you talk to your Hotel Accountant?
How do you communicate effectively between hotel managers and the accounting team? Here we are discussing how often a hotel general...
Katie Paolino
4 Mistakes to Avoid When Outsourcing in Your Company!
Outsourcing Your Accounting Today we're discussing 4 mistakes to avoid when outsourcing a critical task in your company! The top 4...
Katie Paolino
Help Your Team Thrive with P&L Reviews!
Increase the Value of Your Hotels Financial Statements Most hotel teams we talk to like the idea of helpful financial statements, but...
Katie Paolino
5 Reasons to Use Hotel Specific Accounting Software!
Why You Should Be Using Hotel Accounting Software If you don’t do anything else to improve your financial process this year, I hope...
Katie Paolino
Road to the Hotel Financial Statements!
How Activity Gets to Your Hotels Financial Statements Most people on your team probably do not know where every number on the Income...
Katie Paolino
How Understanding a Few Hotel Analytics Can Increase the Value of Your Financials
Hotel Formulas You Need to Know for Your Hotel Most people we talk to don’t have a set process for gleaning insights into how the hotel...
Katie Paolino
What is a Prepaid?
One Way to Increase the Value of Your Hotels Financial Statements This week we’re talking about one of the top 3 ways to make your Income...
Buck Paolino
Why Hotel Daily Report Detail Matters!
Have you ever wondered why your revenue looks the way it does? You have that P&L right there and you think, “Wait a minute...these...
Katie Paolino
How to get your team to pay attention to the Income Statement.
Hotel Accounting Systems to Hotel Financial Statements Throughout the month data is flowing into your accounting system from multiple...
Katie Paolino
Why You Should Follow USALI
USALI and Hotel Financials Welcome to Hotel Numbers Made Simple, your weekly video designed to help you build your hotel numbers team,...
Katie Paolino
The Most Underutilized Hotel Financial Statement
Hotel Financial Statements. Analyze Profit and Expenditures over Time. I’m sure you’ve heard of the Income Statement and the Balance...
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