ORGANIZATION AND IMPLEMENTATION OF ACCOUNTING IN HOTELS BUSINESS

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ORGANIZATION AND IMPLEMENTATION OF ACCOUNTING IN HOTELS BUSINESS

Journal Title: Ancient Land - Year 2024, Vol 6, Issue 5

Abstract

Abstract Tourism and hotel business, which are important areas of public life and economy, were created and developed as a unity and continue to operate. The mutual activity of tourism and hotel service is closely related to the history of the development of organizational forms of these areas. The service sector has a positive impact on the country's economy due to the existing international trade opportunities. From this point of view, in order to develop this field within any country, first of all, the restrictions facing international trade should be removed. In general, the effective conduct of all activities in the hotel business is directly related to a well-functioning accounting system. At the same time, this system should meet all the needs of hotel managers and have a feature that can serve the set goals. In addition, considering that unlike other businesses, hotels have fast service, the presence of many revenue centers, a large number of financial transactions and the implementation of high-cost service and resulting in more errors and fraud. It is for this reason that in order to prevent such situations in our Republic, hotel management should take measures against such situations. The best measure, of course, in our opinion, is the organization of an accounting system and an internal control system that meets every need against the mentioned problems.

Authors and Affiliations

Mustafa Safarov

Keywords

EP ID EP748424
DOI 10.36719/2706-6185/35/222-227
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