What are Admin, Payroll, Payroll taxes, Repairs & Maintenance, Supplies, Tax, Utilities (Other and Lease are also acceptable but they go below the NOI)
100
GL Code for Revenue from coin operated laundry machines.
(These should be posted monthly or more often as needed.)
What is 407 - Laundry Revenue
100
Annual backflow tests, monthly landscaping, and snow removal.
What are things you code to 525
200
GL Code 720
What is ALL Elevator expenses
Monthly, quarterly, or annual elevator service / inspection, all parts and labor
200
This Balance Sheet line item represents the total owed to your hotel by your Direct Bill accounts (A/R aging).
What is City Ledger
200
The total of all expenses need to be at ___% or under
What is 56%
200
_____ is where you code gift shop sales
What is 410 - Gift Shop
200
This is where convention registration expense gets coded to
What is 564 - Franchise Training
300
The GL Code for Breakfast attendants latex gloves.
What is GL Code 744 - Housekeeping
300
Name two of the five Fixed Assets
What are buildings, FF&E, land, capital improvements, initial franchise fees.
300
This is your hotels Ordinary Income minus Total Expense.
What is (NOI)
300
This GL is where LAM codes Non Taxable Room Revenue to
What is 401 - Room Revenue - Non Taxable
300
GL Code for Costco memberships, permits & state licensing, and food handlers cards.
What is 625 - License, Fees, and Dues
400
GL code for the serving and display items for the Breakfast Room
What is 742 - Food
400
(True or False)
Revenue is an asset
What is false
400
This is one item that is listed below the NOI line
What are
595 - Interest
610 - Lease/Rent
Depreciation (530-534-536-538-535)
400
These are two items that get coded to 747 - Sundries
What are dog bones, supplies sold to guests, vending stock, charges associated with packages.
400
GL Code 523
What is IT Purchases / Support
500
This new GL Code will allow you to purchase things like holiday gifts for your large Direct Bill clients.
What is 508 - Advertising (Marketing)
500
Large expenditures that increase the value of the asset go to GL Code
What is 154 - Capital Improvements
500
The acronym NOI stands for
What is Net Ordinary Income
(Net Operating Income is also acceptable)
500
This person sets your Monthly and Annual Revenue goals on the P&C?