Accounting

Books that close themselves, one day at a time.

Room revenue, restaurant sales, purchases and stock movements post to the ledger as they happen. Your accountant reviews instead of re-typing, and month end stops being a crisis.

What accounting covers

Full double-entry accounting, set up for hotels.

Hotel chart of accounts

Start with accounts for rooms, food, beverage, other income, cost of sales and departmental expenses, adjusted to suit your property.

Invoices from folios

Guest and company invoices are created from the PMS, with tax calculated on every line.

Supplier bills and payables

Matched bills arrive from procurement. See what is due, plan payment runs and record M-Pesa, bank or cheque payments.

Receivables

Track what companies, tour operators and agents owe, send statements and see ageing at a glance.

Bank and M-Pesa reconciliation

Import statements and match them to recorded payments, so cash in the books equals cash in the bank.

Reports

Profit and loss, balance sheet, trial balance, general ledger, aged receivables and payables, and results by outlet.

Where the entries come from

Your ledger fills itself.

Every module posts to accounting, so the numbers are already there when you open the reports.

  1. From the PMS

    Room charges, folio invoices and payments from the front desk.

  2. From the POS

    Restaurant and bar sales by outlet, with cost of sales from recipes.

  3. From procurement

    Supplier bills matched to orders and deliveries, ready to pay.

  4. From inventory

    Stock value, issues to departments and approved count adjustments.

Accounting questions

Questions about accounting

Can our external accountant use Tivuzo?

Yes. Give your accountant their own login with access to the books only. They can review entries, run reports and export what they need.

How do we reconcile M-Pesa and bank accounts?

Import your bank or M-Pesa statement and match each line to the payments already recorded in Tivuzo. Unmatched lines are easy to spot and investigate.

Can we see profit by department or outlet?

Yes. Revenue and costs can be tagged to rooms, restaurant, bar and other outlets, so you can see how each one performs as well as the property as a whole.

Bring your rooms, stores and books together.

Start a 14-day free trial, or talk to us about moving your property off spreadsheets and notebooks.