Log in Free demo
Hotel Accounting guide

GSTR-1 and GSTR-3B Filing for Hotels

Prepare GSTR-1 and GSTR-3B from your hotel's books in the portal's format, reconcile input credit with GSTR-2B, and file per GSTIN.

You file GST from the books, not from spreadsheets. GSTR-1 used to be a readable party-wise report the portal could not accept. GSTR-3B did not exist at all: the accountant built it each month from three exports, and if numbers shifted after filing, no one could trace why.

One GSTIN per state

Your GST identity is more than a single field. Returns are filed per GSTIN, and the company holds one for each state it trades in, with its type, effective dates and e-invoice threshold. Where one company has several properties in a state, they file a single GSTR-1 together.

Returns built from postings

All are laid out in the portal's tables, and a control check proves the return and your ledger match exactly. If the books change after you prepare it, the screen names the difference.

Input credit is what suppliers filed

You can only claim what your suppliers reported, whatever your purchase bills say. Import GSTR-2B and accept, reject or park each line. A bill missing from 2B is credit you skip this month. A 2B line without a matching bill points to a purchase never entered.

TDS returns

Form 26Q is prepared each quarter for TDS you deducted, and Form 26AS is matched for TDS deducted from you.

Other Hotel Accounting guides

Double-Entry General Ledger Built for HotelsYour night audit posts straight into a double-entry hotel ledger, kept per company, with control accounts checked and no unbalanced journal allowed. Accounts Receivable and City Ledger for HotelsTrack hotel accounts receivable invoice by invoice: allocate receipts, record TDS and short payments, age debts and send reminders automatically. Vendor Payables With Three-Way Bill MatchingKeep one vendor master with PAN, GST, MSME and TDS details, and match each vendor bill to the GRN and purchase order before it becomes payable. TDS Deduction, Challans and 26Q for HotelsTDS for hotels done right: dated section rates, yearly thresholds, lower-deduction certificates, monthly challans and the quarterly Form 26Q. Vendor Payment Runs With NEFT Bank FilesPay vendors in one run, MSME suppliers first, with an NEFT bank file, remittance advice, retention and advances handled, and a single journal. Bank Reconciliation and Cash Position for HotelsRun hotel bank reconciliation line by line from imported statements, manage the till float and petty cash, and see your cash position on one screen. Payment Gateway and OTA Payout ReconciliationReconcile gateway payouts and OTA remittances booking by booking, so card fees, OTA commission and the GST on it are posted, not lost. GST E-Invoicing With IRN and Signed QRRegister hotel B2B e-invoices with the IRP automatically, print the IRN and signed QR, and cancel within 24 hours or issue a credit note. Export to Tally, Zoho Books and QuickBooksExport each day's accounts a single time to Tally, Zoho Books or QuickBooks, tracked as numbered batches, plus a signed webhook for other systems. Food Cost and Cost of Sales From Real ConsumptionSee true hotel food cost: cost of sales comes from what the kitchen consumed, not what was bought, and unused stock counts as an asset. Banquet Accounting, Package Splits and Deferred RevenueRun each event as its own ledger, hold banquet deposits as client money, split package rates for management accounts and defer unearned room revenue. Fixed Asset Register and Depreciation for HotelsKeep a hotel fixed asset register with tags and locations, two depreciation books, disposals, physical verification and capital work in progress. USALI Operating Statement With GOP and GOPPARGet the USALI operating statement owners and lenders expect, with departmental profit, GOP and GOPPAR, cash flow, KPIs and a column per hotel. Hotel Budget, Variance and Rolling ForecastBuild a hotel budget by account and month from occupancy, ADR and covers, approve it with two people, track budget vs actual and roll the forecast. Import Payroll Into Your Hotel BooksImport your monthly payroll by department, post one journal with PF, ESI, PT and TDS, then pay staff and each authority with a challan. Group Consolidation Across Your HotelsConsolidate P&L, balance sheet and trial balance for a hotel, a company or your whole group, plus an owner statement with equity, payouts and FF&E reserve. Foreign Currency Invoices and Month-End RevaluationInvoice overseas agents in foreign currency, keep the rupee value, and revalue open balances at month end with exchange gain or loss posted. Accounting Anomaly Alerts and Fraud ChecksDaily rule-based checks flag duplicate bills, odd journals, cashier voids, price drift, bad GSTINs and uncharged rooms; a person decides every alert. Month-End Close Checklist, Approvals and Daily Sign-OffLock each month only after a month-end close checklist passes, snapshot the trial balance, route sensitive actions for approval and sign off every day. Coming Next in Hotel AccountingThe hotel accounting roadmap: intercompany posting, multi-book and leases, bill OCR, plain-language questions and approvals on one workflow.