Business
Move money from one fund to another, correct a balance, and read the ledger. Owner capital is recorded when the owner puts money in.
The owner and accounts.
Transfer moves money from one fund to another. A fund is a pool of money the hotel tracks. It is not the daily summary under Finance.
Adjustment corrects a fund balance when the recorded figure and the actual figure differ. Ledger is the running history of that fund.
Owner Capital records capital introduced by the owner. The owner or accounts posts it when capital is added to the hotel.
How money moves between funds.
A fund is a pool of money the hotel tracks, with transfers, adjustments, a ledger, and owner capital.
No. Fund is the movement of money between funds. Finance is the daily summary, stock valuation, and financial review.
The owner or accounts, when capital is added to the hotel.
Hotel name, city, and a room count are enough to start.
