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- City_ledger abstract "In hotel accounting, the city ledger is the collection of accounts belonging to non-registered guests. This is distinct from the transient ledger (or front-office ledger, or guest ledger), which is the collection of accounts receivable for guests who are currently registered.The vast majority of accounts in the city ledger are accounts receivable (one notable exception is the advance deposit account discussed below, which is an account payable).Included in the city ledger are accounts belonging to various companies that utilize the hotel for meeting space and for lodging travelling executives. Instead of billing separately for each individual service that the hotel provides, the charges are accumulated in the company's city ledger account. The hotel then periodically sends the bill to the company.The second major component of the city ledger are credit card accounts. When a guest uses a credit card, this transaction creates an account receivable for the hotel to be collected from the credit card company. This account receivable is recorded in the credit card company's city ledger account.As mentioned above, advance deposits are an example of an account payable found in the city ledger. When a guest pays a deposit prior to registration, the hotel incurs an account payable to the guest for services to be rendered in the future. Advance deposits from all guests are collected in a common advance deposit account. This amount is then transferred back to the guest's front-office account (folio) upon check-in.In smaller business also used as category to keep unpaid bills under general manager responsibility until it settled by the guest.".
- City_ledger wikiPageID "15358394".
- City_ledger wikiPageLength "1756".
- City_ledger wikiPageOutDegree "6".
- City_ledger wikiPageRevisionID "700746679".
- City_ledger wikiPageWikiLink Accounting.
- City_ledger wikiPageWikiLink Accounts_payable.
- City_ledger wikiPageWikiLink Accounts_receivable.
- City_ledger wikiPageWikiLink Category:Hospitality_management.
- City_ledger wikiPageWikiLink Credit_card.
- City_ledger wikiPageWikiLink Hotel.
- City_ledger wikiPageWikiLinkText "city ledger".
- City_ledger subject Category:Hospitality_management.
- City_ledger hypernym Collection.
- City_ledger type Book.
- City_ledger comment "In hotel accounting, the city ledger is the collection of accounts belonging to non-registered guests.".
- City_ledger label "City ledger".
- City_ledger sameAs Q5123554.
- City_ledger sameAs m.03m62r9.
- City_ledger sameAs Q5123554.
- City_ledger wasDerivedFrom City_ledger?oldid=700746679.
- City_ledger isPrimaryTopicOf City_ledger.