Overview

This comprehensive course on Uniform System of Accounting for Lodging Industries Part 1 will deepen your understanding on this topic. After successful completion of this course you can acquire the required skills in this sector. This Uniform System of Accounting for Lodging Industries Part 1 comes with accredited certification from CPD, which will enhance your CV and make you worthy in the job market. So enrol in this course today to fast track your career ladder.

How will I get my certificate?

At the end of the course there will be an online written test, which you can take either during or after the course. After successfully completing the test you will be able to order your certificate, these are included in the price.

Who is This course for?

There is no experience or previous qualifications required for enrolment on this Uniform System of Accounting for Lodging Industries Part 1. It is available to all students, of all academic backgrounds.

Requirements

Our Uniform System of Accounting for Lodging Industries Part 1 is fully compatible with PC’s, Mac’s, Laptop, Tablet and Smartphone devices. This course has been designed to be fully compatible with tablets and smartphones so you can access your course on Wi-Fi, 3G or 4G. There is no time limit for completing this course, it can be studied in your own time at your own pace.

Career Path

Learning this new skill will help you to advance in your career. It will diversify your job options and help you develop new techniques to keep up with the fast-changing world. This skillset will help you to—

Open doors of opportunities
Increase your adaptability
Keep you relevant
Boost confidence

And much more!

Course Curriculum

6 sections
12 lectures
00:00:00 total length

Expand all sections

Module 01: Introduction

Introduction to the Course

00:02:00
Introducing Hotel Operating Structure-Profit Centers

00:03:00
Introducing Hotel Operating Structure-Support Centers

00:03:00
Explaining the main Profit & Loss Statement

00:09:00

Module 02: Revenue

Room Profit & Loss – Transient Market Segment

00:10:00
Rooms – Group Market Segment Explained

00:09:00
Rooms Division – Contract Revenue and Other Room Revenue

00:06:00
Other Rooms revenue consideration – Packages Barter Loyalty program

00:09:00

Module 03: Expenses

Structure of Room Departmental Expenses

00:09:00
Labour cost Departments and positions

00:06:00
Labour Cost Departments and Positions

00:05:00
Other Labour cost items for Room Division

00:11:00
Room Expenses A-d

00:17:00
Room Expenses E-R

00:23:00
Room Expenses S-Z

00:05:00

Module 04: Room Division Statistics and Reports

Introduction to Section on Room Statistics

00:01:00
Ocupancy Statistcis definitions

00:24:00
Formulas for Room Statistics

00:06:00
Room Statistics Report to help understand P&L

00:12:00

Module 05: P&L Analysis and Resources

Understanding What Variable Expense Are and Fixed… Showing P&L Analysis

00:17:00
Closure Video for Rooms Module

00:01:00
Room Division Definitions of Revenue and Expenses as Per USALI

00:36:00
Rooms P&L Sample

00:00:00