Purpose of the program:

The purpose of the Hotel Services Costing program is to determine the total cost of the Hotel Services produced (production, administration, distribution (sales) and financial cost), to compare standard cost with actual figures and then to calculate and interpret the variances.

With the COST-H software, one can create a successful and reliable Costing study for Hotel Services in the best, easiest and cheapest way.

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Essential Calculations

  • Standard Cost of Hotel Services and Products
  • Actual Cost of Hotel Services and Products
  • Ratios
Indicative costing structure of a Hotel Unit

1. Cost of Producing Services

1.1 Rooms Operation

    • Single rooms
    • Double rooms
    • Family rooms
    • Suites

1.2 Food & Beverage

    • Restaurants
    • Bar

1.3 Function rooms

1.4 Entertainment – Beauty – Health

    • Spa
    • Gyms
    • Hair salon
    • Courts & Playgrounds
    • Beach operation

1.5 Ancillary services

    • Parking
    • Laundry & Ironing
    • Internet
    • Telephone & Fax
    • Other services

2. Administration Cost

(allocated cost)

2.1 Management

    • Chairman of the Board
    • General Manager
    • Secretariat
    • Consultants

2.2 Financial & Administrative Function

    • Accounts department
    • Costing
    • Cashier
    • Cash Management
    • IT
    • Procurement
    • Personnel Management

2.3 Ancillary Services

    • Security
    • Technical services
    • Transport
    • Facilities Maintenance

3. Cost of Distributing Hotel Services

(allocated cost)

3.1 Sales Promotion

    • Market research
    • Advertising
    • Public Relations

3.2 Sales

    • Accommodation (reservations)
    • Customer support
    • Sale of products and merchandise (restaurants, bar etc.)
    • Sale of services (spa, laundry, beach etc.)
  1. Financial Cost

(allocated cost)

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Main functions and results:

  • Creation of the entire study report
  • The ability to shape your own template from the existing one
  • Ideal both for single-entry (B category) and double-entry (C category) books

Key Benefits:

  • High quality & standardisation of work. Identical studies from every user of the program, independent of the user. Valid and uniform data for all businesses
  • Minimisation of the time needed to produce studies, with high productivity
  • Avoidance of human errors and electronic filing.
  • Suitable and necessary for both large and small businesses.
  • Low cost compared with the benefit it offers, considering the cost of a similar study.
  • Provision of profitable, high-level and prestigious services.
  • High professional competence, with the built-in experience of more than 2,000 Finance Directors and Business Consultants who are Specisoft customers
Technical details
01.

It is a Windows program

02.

It provides high-quality Printouts and rich Charts

03.

It works with Microsoft WORD and EXCEL

Cutting-edge Technology

Software and tools  that adapt easily to your own needs
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The most reliable business management software.
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