Oversight of the daily financial transactions at the property and managing separation of duties and internal controls for all financial operations isn’t a passive exercise. Instead, we see accounting and reporting as an operational tool for profitability and accuracy. Our fully integrated process includes a daily verification of deposits, the handling of all banking transfers, utilization of treasury services to help prevent fraud on property bank accounts, a centralized AP and AR, monthly reconciliation of all balance sheet accounts, and production of monthly profit and loss statements with variance reports and reviews ensure accurate and industry benchmarked financial results.
In addition, we work with external tax accountants to complete any year end work needed to finalize the tax return each year. We also handle all monthly sales and accommodation taxes, annual business licenses, and 1099’s.
We’d love to speak with you. Call us at (843) 282-7359 or fill out this brief form and a representative will be excited to discuss what Brittain Resorts & Hotels can accomplish for you.