Disclaimer
What these products are, what they are not, and what remains your responsibility.
These are tools, not advice
Everything sold and published by Hotel Finance Tools is an administrative and educational tool: a template, a checklist, a worksheet or a written article.
Nothing here is:
- legal advice;
- tax advice;
- accounting advice;
- audit advice or an audit opinion;
- investment or financial advice.
Using this website or a product does not create a professional, advisory or fiduciary relationship of any kind. For advice about your own situation, speak to a qualified accountant, auditor, tax adviser or lawyer.
What you are responsible for
Templates arrive as a structure. Making them correct for your property is your work, and it is not optional. Before using any file for real reporting, you are responsible for verifying:
- Formulas. Every calculation, including any you edit, extend, copy or delete.
- Assumptions. Every default figure, rate, percentage and driver.
- Classifications. That revenue and expense lines map correctly to your chart of accounts.
- Outputs. That the totals, summaries and reports produced are accurate and complete.
- Procedures. That how you use the file fits your organization's policies, controls and approval requirements.
Results vary
Hotels differ in size, ownership structure, department mix, accounting system, chart of accounts, reporting calendar and local regulation. Two properties using the same template will not get the same experience or the same output. No specific saving of time, improvement in accuracy, or financial result is promised or implied by anything on this website.
No compliance guarantee
No product is certified against, endorsed by, or guaranteed to comply with any accounting standard, reporting standard, industry chart of accounts, statutory requirement or corporate policy. Where a template follows a departmental structure that will be familiar to hotel operators, that familiarity is not a compliance claim. Checking a file against the requirements that apply to you is your responsibility.
No affiliation
Hotel Finance Tools is independent. It is not affiliated with, endorsed by, sponsored by, or connected to:
- any hotel brand, hotel company, owner or management company;
- any hospitality association or industry body;
- any accounting standard-setting organization or publisher of a reporting standard;
- any accounting firm, audit firm or software vendor.
Any company, product or standard mentioned anywhere on this website is named only to describe compatibility or context. All trade marks belong to their owners.
Sample data is fictional
Every figure, name, department and comment used in an example, preview graphic, screenshot or article on this website is invented. The property shown in examples, the Harbor View Hotel, does not exist. No real hotel, employer, client or customer data appears anywhere on this website or inside any product, and no confidential or proprietary material has been used to create them.
Articles and general information
Articles published here describe general practice and are written to be useful across a wide range of properties. They are not tailored to your circumstances, they may not reflect the requirements of your operator or jurisdiction, and practice changes over time. Treat them as a starting point for your own thinking, not as instructions.
External links
This website links to third-party services such as the checkout and email providers. We do not control those services and are not responsible for their content, availability or practices.
Limitation of liability
To the fullest extent permitted by law, Hotel Finance Tools is not liable for any loss arising from the use of this website or any product, including decisions made using a template, errors in figures entered or calculated, or loss of profit, data or opportunity. Our maximum liability is limited to the amount you paid for the product concerned. Nothing here excludes liability that cannot lawfully be excluded.
Questions
If anything here is unclear before you buy, ask. support@hotelfinancetools.com