Hospitality
Wholesale / Tour Operator Billing
Recording room revenue for a tour operator at a pre-negotiated 'Net' rate.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| City Ledger: Tour Operator | Asset (+) | 60.00 | - |
| Room Revenue (Wholesale) | Revenue (+) | - | 60.00 |
💡 Accountant's Note
Wholesale rates are usually 'Net' of commission already. Unlike OTAs, these are often recorded at the contract rate because the hotel never sees the 'retail' price the guest paid the operator.
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