Hospitality
Global Marketing Fund Assessment
Recording the fee paid to the brand to fund global TV ads and the central website.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Marketing Fees: Brand Assessment | Expense (+) | 800.00 | - |
| Due to Brand | Liability (+) | - | 800.00 |
💡 Accountant's Note
Most brands charge a fixed % of room revenue to pay for the 'Big Picture' marketing that individual hotels cannot afford on their own.
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