Pearson New International Edition International pcl tp indd 1

Credit Limit Reports
Later in this chapter we will investigate many of the financial and nonfinancial
reports prepared by the night auditor. One of the most important is the credit limit
report, which compares each guest’s current folio balance with the credit line estab-
lished by the guest during check-in.
(2
*
100
=
$200).
NIGHT AUDIT AND REPORT MANAGEMENT
Start with
Yesterday’s accounts receivable balance
$ 70,000.00
Plus
Today’s accounts receivable transfers
⫹
6,790.00
Equals
Total accounts receivable
$ 76,790.00
Less
Payments received on accounts receivable
⫺
10,000.00
Equals
Today’s accounts receivable balance
$ 56,790.00
FIGURE 8
City ledger balancing formula.
566

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