FAQ - What is a typical Income Audit scenario?
Properties determine their own requirements for running End of Day and performing Income Audit. However, the following example illustrates a typical Income Audit process:
Example:
An auditor starts the audit at 2:01 a.m. on Saturday, posting room and tax for Friday and rolling the business date so that any new charges are posted to Saturday. The auditor also runs the interim reports.
On Monday, the income auditor views the interim reports and makes any necessary changes to revenues, paid outs, etc. for guests. The auditor runs final reports, which include any adjustments made to Friday’s income by the End of Day Sequence or income auditor.