Hospitality
Guest Advance Deposit (Booking)
Recording a cash deposit received from a guest for a future stay.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Bank | Asset (+) | 200.00 | - |
| Guest Ledger: Advance Deposits | Liability (+) | - | 200.00 |
💡 Accountant's Note
Until the guest actually stays, the money is a liability. It is held in the 'Guest Ledger' (or City Ledger) until check-in.
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