Hi,
You have to create detail accounts Heads like
1.Room Rent Received
2.Food Sales Ac
3.Advance received from Customer.
4.Customer Name if they are Credit parties.
5.Cash Account.
6.Bank Account.
7. Bill Settelment Account.
8.Service Tax Payable Account.
9.Luxuary Ax Payable Ac.
Now we will see the Daily entries.
1.If We received Rs.10000 booking advance by Cash vide Receipt no 109 from Mr.Arun.
BY Cash Rs.10000 DR
TO Advance Received from Customer 10000 Dr
( New Ref No 109 )
( We have enter the cusomer name and booking details like date and room number etc in narration/ for furture reconcilation )
2. Now We Settle the Bill to Mr.,Arun. bIll No 768
Room Rent 9000
Service Tax 668
Luxuary TAx 1200
Other Sales 1000
Total Bill 11868
Less:Advnace 10000
Settlement Amount 1868.
First We Make entry for Settlment .
BY Cash 1868 Dr
TO Settle ment Ac 1868 Cr
( Ref No:768 ) bill No
Then account the Bill.
By Advance Received from Customer 10000 Dr
(Agst Ref NO 109)advance recpt no
By Settlement 1868 Dr
(Agst Ref NO 768)BIll no
TO Room Rent Recd 9000 Cr
TO Service Tax payable 668 CR
TO Luxuary Tax payable 1200 CR
TO Other Sales Ac 1000 CR
( We have to enter the Room no and customer details and check in and check out details in narration).
Every day end the settlement account shows nill balance.
if we see the advance recd from customer account there are some receipt nos shows with the amount which is not adjusted against bill.