HFTP Begins Development of a Global Hospitality Accounting System Users Guide - 1 views
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Lorena Collazos on 02 Mar 12Hospitality Financial and Technology Professionals (HFTP) are developing a global hospitality accounting system users guide. This a unique resource in that they plan to document how the industry is actually performing the process, as opposed to mandating a process. Students in Switzerland collect the data, it is then distributed to regional teams of industry professionals that are chaired by industry consultants. These teams will develop sample charts of accounts and common allocations for their specific areas, and lastly the team chairs will finalize the project by authoring a discussion on similarities or differences of allocations. The initial guide will be published in English, with plans to distribute globally in multiple languages.