Five Star Back Office Module

Five Star Hotel Systems Back Office Module includes:

• General Ledger;
• Financial Statements;
• Accounts Payable;
• Accounts Receivable;
• Budgeting;
• and Fixed Asset Management.

Key Benefits

• Night Audit posts the complete journal entry to General Ledger every night. Use the Executive Dashboard™ every day for an instant, on-screen financial statement that is accurate on the revenue side as of last night, and on the expense side, as of your last batch of accounts payable or payroll. REAL MANAGEMENT TOOLS!
• Night audit posts accounts receivable invoices to the Accounts Receivable Module every night. Pop up an instant list of aged receivables on the Executive Dashboard for a drill-down management tool. Perfect for true cash flow control.
• Night Audit posts travel agent commissions to Accounts Payable every night. Pay commission cheques literally the next day with a few clicks. If you pay them they will book you again. One of the simplest things a property can do to increase occupancy if you are not already at 100%.

Key Features

• Financial Statements are user defined and use easy ‘plain language’ screens for setup.
• You can optionally use the American Hotel Associations ‘Uniform System of Accounts and Financial Statements’ which come all set up in Five Star.
• Date sensitive, meaning reports are as of the date you specify, e.g. month end report printed on the 15th of the month and after, excludes transactions from the 1st to the 15th.
• Open period system with top management control allows you to work in any period that you specify is open. No month end or year end forced closing. This feature and the one above make this the ultimate tool for accounting ease of use.
• All modules keep history forever, offering drill-down inquiries, full, automatic audit trail stamping & querying and unlimited room for notes for every transaction that we call ‘sticky notes feature’.
• Accounts Receivable prints statements, aged reports, delinquency lists & letters, finance charges.
• Accounts Payable prints cheques, month end reports, GST reports, quick cheques, bank reconciliation.
• Use Lotus or Excel to do your budget, then import to Five Star instantly to add to your statements.
• Fixed Asset Management module does all tax, accounting & insurance calculations & postings.

Hardware You Will Need

Investment

Initial

Annual License Renewal

Back Office Module	$1495.		$195
Support Plan 1 year	550.
2 days training	1300.	plus travel expenses
1 additional day if you would like help setting up financial statements	650.

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