answersLogoWhite

0


Best Answer

The uniform system is a way for accounting and financial professionals to report the financial activities of a hotel in a common manner within the same industry. With guidance, many errors or less desirable methods of reporting can be eliminated and accounting becomes more transparent to all parties.

User Avatar

Aaron Smith

Lvl 7
2y ago
This answer is:
User Avatar
User Avatar

Chadd Pagac

Lvl 1
2y ago
great answer, thxxx!
User Avatar

Aaron Smith

Lvl 1
2y ago
welcome
User Avatar

Domingo Boyle

Lvl 1
2y ago
how do you know that
User Avatar

Leonel Marvin

Lvl 1
2y ago
nice, thx
User Avatar

Bettie Schuster

Lvl 1
2y ago
good answer, thx!
User Avatar

Aaron Smith

Lvl 1
2y ago
welcome
More answers
User Avatar

Wiki User

13y ago

The focus is on a set of standardised financial statements or reports, rather than on standard account titles and numbers or rules for coding accounting data. The main principle of the Uniform System is that results are reported by each department of the hotel, in line with the traditional responsibility and organization structure which is found in most hotel operations.

................Kingston, Jamaica

This answer is:
User Avatar

User Avatar

Outsourcing Hub Indi...

Lvl 2
4y ago

OHI is a specialized finance and accounting outsourcing service provider with over thirteen years of finance and accounting outsourcing experience. We have strong functional outsourcing expertise in end to end accounting processes covering daily accounting activities, month end and year-end account finalization processes, employee reimbursements, payroll processing, management reporting and financial analysis.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is uniform system of accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp