An overview of some of the features of the financial and accounting subsystem of Raya hotel management software
The accounting department is one of the most important pillars of a hotel. Cost control, invoice and credit control, handling tax matters, preparing financial statements, budget control, and payroll system management are among the most important tasks of this department. This section has always been one of the concerns of hotel managers, which is why financial affairs in Raya hotel management software are of special importance.
Major modules such as accounting, fixed assets and property, cost control, sales, inventory management, treasury, etc., are provided in the financial section of Raya hotel management software.
Major capabilities including recording product receipts, calculating finished product costs, forecasting receivables collection, registering construction estimates and resource allocation, asset transfer recording, the ability to define dynamic coding, and the capability of automatic document registration, etc., are provided in the financial section of Raya hotel management software.
Numerous reports including financial balance sheet reports, comprehensive profit and loss reports, accounting branch and fiscal year reports, matrix reports, receivables collection period estimation reports, value-added reports, cash flow forecast reports, etc., are provided in the financial section of Raya hotel management software.
Preserving existing assets alongside reducing hotel costs over time leads to increased liquidity. Comprehensive and real-time financial analysis, as well as the variety of reports in this section, increase productivity in the financial section of Raya hotel management software.