Hospitality
Transfer to City Ledger (Direct Billing)
Moving a guest balance to City Ledger when a corporate client is billed directly.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| City Ledger (Accounts Receivable) | Asset (+) | 1,200.00 | - |
| Guest Ledger (Receivable) | Asset (-) | - | 1,200.00 |
💡 Accountant's Note
If a guest is staying on a company account, they don't pay at checkout. Their balance is transferred to the 'City Ledger' to be invoiced to the corporation later.
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