Accounting & Reporting

working to maximize owner return

Channel Point provides the infrastructure to complete the majority of work associated with accounting and reporting at the corporate office, enabling the property team to concentrate on front facing and back of house operations to maximize owner return. In addition, the corporate team is well versed on the details associated with these functions, ensuring important tasks such as tax compliance are handled correctly and timely.

The Accounting and Financial Reporting assistance provided by Channel Point's corporate team include:

  • Financial statement preparation
  • Tax compliance
  • CapEx processing and draws
  • Invoice and payroll processing
  • Budget and forecasting facilitation
  • Financial analysis and special reporting
  • Policies, procedures and training of hotel accounting staff
  • Treasury and cash management
  • Risk management
  • Sales tax reporting and compliance
  • Contract and license negotiation
  • External and internal audits
  • Daily flash reports
  • Monthly (financial reviews, critiques)
  • Forecasting (weekly, monthly, quarterly)

Call or write us anytime to discuss your hotel. We’ll be happy to share our experiences and discuss the possibility of further Channel Point involvement.