answersLogoWhite

0

Firstly you will need to define what is used within the housekeeping process's. This normally will be cleaning materials, laundry, PPE (Personal Protective Equipment like gloves, disposable aprons etc) costs of machinery like vacuums, polishes , scrub dryers, brushes, mops, buckets as an example. Then consider the average use of replenish-ables like the cleaning fluid's, toilet rolls, mop heads, dusters and PPI - This will give you a cycle when these will require purchase as an estimate as there is no magic calculation. It will give you a cost from suppliers and this feeds in to the expense area, look at the machinery and requirements for annual services, rentals etc again these can be allocated across a budgets. Once you have established the expenditure you can work on creating a first draft budget. Every budget will require more than one attempt to get it reasonable as you will not get the sum you want but your are likely to get the sum allowed. You will need to have a business case ready for a budget that is likely to exceed what senior managers wish you to have i.e. machinery used is not coming to the end of it functioning life and is costing high values in repairs where a new machine will have warranty and save x amount over y period.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Accounting

What is a selling expense budget?

A selling expense budget is a financial plan that outlines the expected costs associated with selling a company's products or services over a specific period. It typically includes expenses such as salaries and commissions for sales staff, advertising and promotional costs, travel expenses, and any other costs directly related to sales activities. This budget helps businesses manage their selling expenses effectively, forecast profitability, and allocate resources efficiently to support sales strategies. By analyzing this budget, companies can make informed decisions to optimize their sales operations.


What is bugeting?

Budgeting is finding out if you make enough money to live on. You can create a budget by making a list of expected expenses. Then write down how much you spend on each expense a month. Subtract the total of expenses from your income.


What are the components of a successful budget?

A successful budget typically includes clear income projections, detailed expense categories, and established financial goals. It should also incorporate a contingency plan for unexpected costs and regularly scheduled reviews to monitor progress and make adjustments as necessary. Flexibility and realism in forecasting are crucial to adapt to changing circumstances. Lastly, involving all relevant stakeholders can enhance accountability and commitment to the budget.


What are some tips for travel expense management?

Travel expense management is used by companies that have travel expenses as part of the company budget. Some tips are to have a policy in place for company travel and purchase a software that will allow the company to track and manage travel expenses. Make the employees familiar with the software and use it to track expenses. This will allow the company to have all the data in one place.


What should you do before beginning to design your budget?

you should make a plan that's going to fit your budget...

Related Questions

How much does a hotel housekeeping assistant director make?

about 100 pounds an hour


What are the specific targets of a hotel housekeeping?

to make sure the guests have the best time possible :)


How much do hotel maids make?

On average, hotel maids and housekeeping staff make $10.64 an hour. This corresponds to roughly $22,130 a year for full-time employees.


After you make a budget, do you need to track every expense?

Yes, it is important to track every expense after making a budget to ensure that you are staying within your financial plan and making adjustments as needed.


How much does a hotel controller make?

45k-60k depending on the hotel and experience


What is the purpose of management?

The purpose of hotel management is to make sure all the departments of the hotel run smoothly. It is to manage the managers of all the different aspects like front desk, housekeeping and banquet services.


What does the head of housekeeping make at a Best Western chain?

Depends on the location and the size of the hotel, but around $25,000 to $40,000. Larger hotels in urban areas will pay more.


How do you make a good answer for housekeeping history in company?

A good answer for housekeeping history in a company would be the year that housekeeping became a permanent position. Past employees who held a position in the housekeeping department should also be included in the history of housekeeping.


What is the function of housekeeping?

The function of housekeeping consist of managing the duties of maintaining the house by grocery shopping, managing and paying the bills of the house, cooking, shopping, cleaning, and maintenance of the home.


How much does a person who works in housekeeping make per year?

A person in housekeeping can expect to make anywhere from $19,000 to $60,000 depending on where they work. Housekeeping usually makes minimum wage, but unlike the front desk, they also make tips.


What does the housekeeping department do and why is it the backbone of a good hotel?

The House keeping department can be called the backbone of the industry because no one wants to sleep in a dirty bed that has the same sheets on it from the last 6 months. Everyone wants fresh towels and a made bed when they get back to their room.Another answer:Just like the housewife at home, housekeeping in a hotel does the vacuuming, dusting, cleaning up the bathroom, changes the linens, and everything to make the guest feel at home. The hotel is your home away from home.what is the haousekeeping room attendant?


What major objections are there on high gas prices?

The expense makes it less affordable for many people and causes them to make budget cuts elsewhere like their food purchases and other necessities.