Multi-Entity Accounting for Hotel and Hospitality Groups
For hotel and hospitality groups that hold each property or operating company in its own entity. Guides on consolidation, property and operating company structures, seasonality and tax, plus the indinero services that keep every entity closed on time.
Where hospitality finance gets harder
Hotel groups often separate property ownership from operations, and run each property as its own entity.
Property and operating companies
Rent and management fees between entities need to be recorded and eliminated.
Seasonal cash
Peak and off-peak months make forecasting and reserves important.
Depreciation planning
Property-heavy groups can benefit from careful depreciation and cost segregation.
Hotel and Hospitality Finance
Topics for property-heavy hospitality groups.
Accounting for Seasonality
Planning cash and reporting around busy and quiet periods.
Equity Method vs Consolidation
When to consolidate an entity and when to use the equity method.
Deconsolidation
What happens to the books when you sell or close a subsidiary.
Property Tax Guides
Property tax rules and rates by state.
Payroll to General Ledger Reconciliation
Making sure payroll ties out to the books every period.
Cash Flow Forecasting for Growing Businesses
Building a forecast you can actually plan around.
How indinero helps
Accounting, tax and finance support from one team that knows your business.
Multi-Entity Accounting
Books, consolidation and reporting for every entity in the group.
Accounting
Monthly books, reconciliations and reporting you can rely on.
Cost Segregation
Accelerate depreciation on qualifying property.
Payroll
Payroll run accurately and on time, tied back to your books.
Business Taxes
Federal, state and local filings handled by tax professionals.
CFO Services
Forecasting, planning and guidance from experienced finance leaders.
One finance team for every property
indinero keeps each property and operating entity’s books current, handles payroll and tax, and gives owners a clear view across the portfolio.