{"id":930,"date":"2024-01-31T21:58:26","date_gmt":"2024-01-31T21:58:26","guid":{"rendered":"https:\/\/e360hospitality.com\/?p=930"},"modified":"2024-02-28T16:42:41","modified_gmt":"2024-02-28T16:42:41","slug":"what-is-city-ledger-in-hotel","status":"publish","type":"post","link":"https:\/\/e360hospitality.com\/hotel-glossary\/what-is-city-ledger-in-hotel\/","title":{"rendered":"What Is City Ledger In\u00a0Hotel?"},"content":{"rendered":"\n
City Ledger is a list of company\/travel agent accounts that owe hotels money since their employees or representatives stayed at the hotel on a credit basis.<\/p>\n\n\n\n
City ledger is a traditional term used only in the hotel industry for Accounts Receivables, and we know that Accounts Receivable or AR is credit sales.<\/p>\n\n\n\n
In the early days, hotels only provided credit facilities to companies within the city limits wherever the hotels were located. They maintained the receivable records in the ledger, which they called the \u2018city ledger\u2019.<\/p>\n\n\n\n
The hotels use the city ledger to record credit sales, track the aging of pending payments, and send reminders and statements to the companies that owe the hotels for collection purposes.<\/p>\n\n\n\n
Whether you are a beginner or already an expert hotelier, we recommend this book.<\/p>\n\n\n\n
Note: If you buy we might get a commission.<\/p>\n<\/div>\n\n\n\n