Hospitality
OTA Agency Commission Accrual (Booking.com)
Accruing the commission expense for guests who stayed during the month but haven't been invoiced by the OTA yet.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Commission Expense: OTA | Expense (+) | 500.00 | - |
| Accrued Commissions Payable | Liability (+) | - | 500.00 |
💡 Accountant's Note
In the Agency model, guests pay the hotel directly. The hotel must estimate the commission owed to Booking.com at month-end to match the revenue.
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