Hotel Accounting


The monthly accounting service that we provide adds tremendous value to our client’s business operations while at the same time increasing their bottom line. Our services are valuable for both large and small portfolios. We have expertise in hotel accounting and in the use of M3 software. The quality of the reports provided will empower your decision makers while relieving you of the accounting responsibilities.

m3as

Pricing

Monthly accounting services are priced based on the services agreed upon with each client. They can range between $500/month to $2000/month (based on size and services provided). Discounts are available for multiple property portfolios.

Other Services are priced either by the project or by the hour.

Sample Reports
Daily Report
Limited Service Profit & Loss Statement
Full Service P&L
Rolling Twelve Profit and Loss Statement
Property to Property Comparison POR Report
Cash Flow Statement

Services Available

  • Financial Statement design & setup
  • Customized Daily Reports, Management reports & Owner reports
  • Monthly accounting functions*
  • Onboarding of new M3 clients
  • Financial Statement design & setup
  • Customized Daily Reports, Management reports & Owner reports
  • Review and refine existing setups and reports
  • Monthly accounting functions*
  • Bank reconciliations
  • Training for new employees, both in person and online/phone.
  • Provide continuity as Interim Controller
  • Establish internal control procedures
  • Internal controls and audit
  • Accounts payable
  • Budget and Forecast
  • Other financial services designed to meet your needs

*The monthly accounting service provides owners/managers with accurate and timely reports based on the USALI prepared by professionals. Using our service eliminates the setbacks caused by accounting staff turnover. Services include cash flow management, accounts payable, bank reconciliations, other balance sheet account reconciliations, month end journal entries, month end accruals, Occupancy Tax Reporting, Profit and Loss statement, 12 month Trailing P&L, Balance Sheet, and a Cash Flow Statement. These services can be customized to meet the client’s needs.

The monthly accounting service that we provide adds tremendous value to our client’s business operations while at the same time increasing their bottom. Our services are valuable for both large and small portfolios. We have expertise in hotel accounting and in the use of M3 software. The quality of the reports provided will empower your decision makers while relieving you of the accounting responsibilities.