Entering Hotel Sales into Sage Accounts
Posted: 30 Sep 2012, 14:45
In the past I have worked for Engineering companies using sage which was pretty straightforward, ie raising a sales invoice, when paid allocating it to invoice etc etc plus vat was done automatically, but now have took on an extra accounts job in a hotel where they use sage and I am totally bamboozled!!
There is a spreadsheet done every week by the owners which splits into:
Room Rental, Bar Food, Bar Drink, Lounge Food, Lounge Drink, Machine Sales, Outside Catering Food, Outside Catering Drink less wages & cash purchases.
First of all may I ask you what has VAT on it and at what percentage?
How do I enter these sales less wages/ cash purchases in sage?
They put all cash into girobank and then a cheque is raised and paid into their main RBS current account.( Costs less at post office to do this )
All cheques are paid into RBS current Account
Credit Card Receipts are paid straight into RBS account.
The bank total = Cash + Cheques + CC Receipts less wages/cash purchases etc
I have no problem on the purchase side as yet but would truly appreciate any help you can give me.
There is a spreadsheet done every week by the owners which splits into:
Room Rental, Bar Food, Bar Drink, Lounge Food, Lounge Drink, Machine Sales, Outside Catering Food, Outside Catering Drink less wages & cash purchases.
First of all may I ask you what has VAT on it and at what percentage?
How do I enter these sales less wages/ cash purchases in sage?
They put all cash into girobank and then a cheque is raised and paid into their main RBS current account.( Costs less at post office to do this )
All cheques are paid into RBS current Account
Credit Card Receipts are paid straight into RBS account.
The bank total = Cash + Cheques + CC Receipts less wages/cash purchases etc
I have no problem on the purchase side as yet but would truly appreciate any help you can give me.