As COVID has caused a galore of business disruptions by now in the hotel industry, so it’s time for you to make a comeback. However, the things have changed, new scenarios emerged and stringent policies have been implemented, so you have to focus on aligning with them and focus more on business making. And, while running a hotel it becomes burdensome for many in handling finances and to stay on top the books, while growing business at the same time.
So, what can be done? Outsourcing bookkeeping with the most trusted and best-of-breed service provider will be a great move.
Amidst the pandemic, there is a drastic downfall of resources and manpower, for which if you can hire a bookkeeper all the gaps will be fulfilled. Professional hotel bookkeeping services like ‘Nimble Property’ are the ones you’ll ever need now in such unprecedented times, as the services offered are affordable, yet effective.
Nimble solves all your business’s Bookkeeping problems within no time. Certified experts here remotely manage your hotel bookkeeping securely and does the accounting efficiently for you. Every single business transaction is recorded and tracked.
· Access your books & gain REAL-TIME information from anywhere, any day and all time.
· Automate your daily sales, process your accounts payable real quick and get bank feeds in REAL-TIME.
· At Nimble, bookkeeper here not just manage your Books, but also give strategic financial advice. So you can make better decisions manage your business swiftly!
Keeping this aside, many have a wrong perception that hotel accounting and bookkeeping are often similar, but in fact there are distinctive difference so we’ll burst out the myths here.
Hotel Accounting and Bookkeeping – ‘Both Terms Has DIFFERENCE’
Let’s take an instance of bookkeepers and accountants. Well, bookkeepers mainly focus on tracking hotel business’ day-to-day finances. Further, they will see that financial records are maintained accurate so you can ensure your hotel business spends money correct.
Bookkeeping is an important aspect for tax purposes, helps you keep track business expenses, analyze profits and determines your tax liability.
Unlike bookkeepers, hotel accountants won’t actively deal in financial record keeping, instead accountants analyze the data and information, which bookkeepers collect related to business’s financial transactions. Moving ahead, hotel accountants generate comprehensive reports and provide insightful information to help hoteliers make financial decisions.
Generally, accountants bring in the proficient background of analyzing hotel’s financial data, but bookkeepers in Nimble are well-versed with all your financial happenings, crafting complex financial reports and offering strategic financial advice.
Nimble Bookkeeping automates your back office tasks, while helping you cut down costs and efforts by 70%. All your books are maintained in real time, where you can access information anytime any day and from anywhere.
Nimble Property’s Hotel Bookkeeping Services help you cater:
- Thoughtful financial advice on business health
- Avoid taxation blues year-on-year
- Accurate budget vs actuals & forecasting
- Free access to crucial financial reports
- Month-On-Month financial advice
- Bank reconciliation & real-time feeds
Tired of handling your books? Having hard time handling your books? Try Nimble Property!
All our experienced and skilled bookkeepers are at your service, so your books are in safe hands. No more data entry hassles, number crunching or worrying of taxation blues.