Hotel Accounting guide

USALI Operating Statement With GOP and GOPPAR

Get the USALI operating statement owners and lenders expect, with departmental profit, GOP and GOPPAR, cash flow, KPIs and a column per hotel.

Your owner, lender or management company reads the report they are used to. An account-by-account P&L suits the accountant. Hotel owners, lenders and operators read USALI's summary operating statement, the industry's standard format, and you get it from the same ledger.

How the statement is laid out

Operated departments: rooms, F&B, banquets and others, each with revenue, expense and departmental profit
Undistributed expenses: admin and general, IT, S&M, POM (repairs and upkeep), and utilities
Gross operating profit is what remains
Below GOP: management fees first, then rent with property tax and insurance, and last interest, depreciation and amortisation

Each line shows its share of revenue plus the amount per occupied and per available room. Owners tend to remember one figure: GOPPAR.

Mapping is set on the chart

Where each account sits on the statement is stored on its chart-of-accounts row. It is filled in from the account's department and role when the statement is first opened, and any line you set by hand is kept. A new company's chart is classified on its first statement.

Alongside it

Cash flow statement, indirect method from balance sheet movements, so it always ties
Statement of changes in equity
Sub-ledgers against the books in one report, with a verdict on each row
KPI sheet: TRevPAR, GOPPAR, outlet revenue for each available seat-hour, banquet revenue per event
Net channel profit: room revenue by source, less that source's commission and the card fees on its guests' payments

All your hotels in columns

Put the headline lines of every property on your account next to each other, one column apiece, and the owner has a benchmark.

Other Hotel Accounting guides

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