Hospitality
OTA Merchant Sale (Expedia Model)
Recording a booking where the guest pays the OTA, and the OTA pays the hotel net of commission.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Receivable: OTA (Net) | Asset (+) | 80.00 | - |
| Commission Expense: OTA | Expense (+) | 20.00 | - |
| Room Revenue | Revenue (+) | - | 100.00 |
💡 Accountant's Note
Never record only the $80 as revenue. To track performance (RevPAR), you must record the full $100 and treat the $20 as a distribution expense.
Professional Excel Template
Get the automated version of this entry. Includes built-in IFRS checks, VAT calculators, and SAP-ready upload formats.
QA
Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.