The accounting module is in fact the heart of the system. Any transaction with a financial character is real time updated in the finance system.
This means that transactions made in front office, an outlet or purchasing will be recorded automatically in the Accounting module without manual intervention. The finance system is a robust system including all elements needed and specifically designed and developed for the hospitality industry.

Accounting Features:

• General Ledger
• Accounts Receivable
• Accounts Payable
• Fixed Asset Management, including tagging
• Budget Management for Rooms, F&B and Finance
• Automatic journals for depreciations and pre-payments
• Extensive reporting inclusive:
  • Profit & Loss Statements
  • Departmental Profit & Loss Statements
  • Balance Sheet
  • Audit Traces

Linking of revenues, purchases, inventory distributions as well as payment methods result in a single fully automated GL entry, all real time on record level.

In fact with E-Hors the monthly P&L (consolidated and departmental) should be ready on the 3rd working day of the month if SOP and rules are implemented correctly.

A very limited number of manual transactions are needed. It is a fact that the head count in accounting can be reduced significantly. The focus is more on audit and reporting than on data entry.

^* Localization is different per country. In the Philippines e.g. all BIR reports are available and the POS system is BIR accredited.