Hotel Industry accounting made easy
Increase your profit by improving your accounting
Centered around Intuit‘s QuickBooks Online
QuickBooks is the number one accounting system for small businesses, with over 2 million users.
Preloaded with the 11th Edition USALI
This is the only accounting solution that comes pre-loaded with a subset of the industry standard chart of accounts selected by Choice.
Industry Standard Format
Operating Statement Formatted to the requirements of Lenders and Analysts.
Including: All required sub-totals for Departments, Labor Expense, Burden Expense, and Other Expenses. All required statistics, including Occupancy, ADR, REVPAR, and GOP.
Easy Comparison to Industry Analytics
An Operating Statement integrated to your QuickBooks data that provides the metrics needed to compare to industry overviews like GROW, HOST Report, CBRE, and others.
Includes Cost Per Occupied Room, and Cost Percent of Revenue.
Choice Advantage Upload | Easy as 123
Choice Advantage Transaction Codes linked directly to specific accounts provides assurance that your revenue and statistics are properly recorded. The electronic interface means that your totals are loaded daily, without any typing.
Detailed Comparison to Other Operators
Get a monthly report showing how your property spending compares to similar hotels on an individual account basis. See how your Housekeeper Payroll or Guest Room Supplies compare on a Cost Per Occupied Room basis.
Dashboards, Month To Date Performance Measurements, Month End Projections, and more. Our Daily Analysis report is more than a scorecard of how you are doing so far, it includes projections of where you may be headed, Estimates of how your profit margin is being impacted, and areas of concern for you to consider. That’s why we call it a “Decision Making Report”.
Searchable Expense DictionaryThe key to being comparable to industry reports and standards is to not only use the right chart of accounts, but to code your revenue and expense properly as well. Users of this accounting solution, have access to an online searchable account dictionary that allows you to look up items you’ve purchased and see exactly where to code them. Want to know where to enter the cost for “rubber gloves”? Ask MIRA.
Choose the perfect plan
We believe in options! We also believe in getting you the most value from our products. Pick and choose, or take it all! Choose your payment schedule (monthly or yearly) depending on your needs!