Hospitality
Guest 'Walk' Expense (Overbooking)
Recording the cost of sending a guest to another hotel due to an overbooking error.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Guest Relocation Expense | Expense (+) | 250.00 | - |
| Cash / Accounts Payable | Asset/Liability (-) | - | 250.00 |
💡 Accountant's Note
If the hotel is full, it must pay for the guest's room at a competitor's hotel. This is an operational loss in the Rooms department.
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