A fast, no-nonsense training built to increase the value of your Profit & Loss Statement, stop the money leaking out of your bank account,
and empower your team to win with AP.
Sneak Peak of Welcome Video!
Get your team excited!
But. there doesn't seem to be time to do the job, much less get training or understand the importance. And then...
Deadlines are missed resulting in exorbitant late fees.
There are errors in AP entry and the financials aren't accurate anymore.
There are double payments and checks going to the wrong vendor or account.
The team is discouraged and unmotivated, not knowing the importance of their role.
Managers and owners are frustrated, leaking money and not being able to rely on the financials.
Vendors are angry, calling you directly for late payments.
The accountant is overwhelmed because coding and description errors are making their job feel impossible.
People are asked to enter Accounts Payable as one of many job responsibilities.
The good news is -you don't have to wing it when it comes to
The Basics of Hotel Accounts Payable was designed to be an immediate win for your hotel and to begin putting money back in your pocket. Learn how to stop the frustrations of double payments, inspire an unmotivated invoicing team, and regain the accuracy of your P&L Statement all in an hour.!
Get this training NOW for only $197!
My “aha” moment came with the explanation of prepaids. The fundamentals of prepaids and accruals have always been a bit shaky for me, so the explanation of how they work and why they are important was really helpful.
My biggest confusion before watching this course was why AP cutoff dates were important. It didn’t make sense to me that an invoice for March wasn’t entered with a March accounting period if received in May. Now I know that AP cutoff dates are to ensure that the P&L is accurate.
This training has been great for our AP clerks! To do great work, it is critical for them to understand the importance of their job and how it impacts the company.
Accounts Payable Manager
By the End of this One-hour Training,
You'll Have Mastered:
How to Code Invoices Right
So expenses are accurate and match the hotel budget
The 11 Key Elements of Invoices
And end the frustration of double payments through increased accuracy
How to Write an Invoice Schedule
That is simple and stops money from being wasted due to exorbitant late fees
The Importance of Accounts Payable
So everyone is confident in their role and how they directly impact on your hotel's profit
How to Get All Your Hotels Aligned
So each hotel knows where invoices should be coded across your portfolio
Get Access to
One year's access to The Basics of Accounts Payable Course to watch on demand anytime.
Downloadable The Beginner's Guide to Hotel AP so you know exactly what to enter the first time.
Downloadable AP Scheduling System to remove any stress of when invoices need to be paid.
Downloadable AP Coding Cheat Sheet so you are confident knowing your invoices match your budget
... They have been especially helpful in setting up systems and making sure everyone at the property understands them. They are always happy to explain things and offer additional training. I am so much more confident in our accounting process since hiring Hotel Solutions.
Samir Lavani - Pearl Hospitality: The Westin Medical Center, Houston
In this Training, go from hot mess express to understanding every element of AP and how to help your team win in right around an hour!
WHAT'S INSIDE THIS TRAINING:
In Lesson 1, we’re going to learn how accounts payables fits into your accounting system, and how the AP process impacts your hotels profit.
In Lesson 2, it's all about timing! We are going over accounts payable schedules and work flow to remove any invoice overwhelm you might be feeling so that all invoices are entered and paid on time.
Lesson 3 will tackle invoice coding and best practices for making sure that invoices are coded correctly to the Profit & Loss Statement and Balance Sheet. This will save time and energy by removing the need for pesky end of month reclasses.
And in Lessons 4, 5, 6 we’ll dive into the 11 Key Elements to Check When Entering Accounts Payable. These elements will ensure accuracy with your invoices reducing double payments, incorrect payments, and late fees.
PLUS, there are practical examples, guides, and quizzes with each lesson!
And get this amazing bonus!
Our Complete Beginners Guide to Accounts Payable!
Finally, a straightforward training on Hotel Accounts Payable best practices!
Now you don't have to be so nervous to bring on someone new and they won't have to be so confused about the process!
Hi, Buck and Katie Here!
Our team provides a robust accounting department for even the smallest hotel portfolios. We also love to share what we've learned these past 10+years (and that's where all our resources come in)! Whether you want to build a stellar in house accounting department or outsource it to us, we'll help you get the most out of your financial statements, build a team you love, and save loads of money along the way! Now is the time to get your hotel accounting back on track!
Meet Your Team
When can I take the class?
Immediately! As soon as you purchase the training, the email address you used at check out will be sent login information!
How do I access it/login?
You will be emailed login information when you purchase. Make sure to use an email that is easily accessed.
How long can I access the Training?
You can login and view the training videos for one full year from the purchase date.
What is the refund policy?
This Training is not eligible for refunds.