Take your understanding of Uniform System of Accounting for Lodging Industries to the next level with this highly acclaimed Uniform System of Accounting for Lodging Industries Part 2 course. This course will introduce you to the importance of USALI in organizing and reporting hotel management information for the food and beverage department.
USALI is used by hotels of various sizes worldwide, and having a thorough understanding of its standards is quite advantageous. This incredible Uniform System of Accounting for Lodging Industries Part 2 program will lead you through the core elements of USALI and show you how to compare hotel performance to other hotels using best practices. It will teach you the concept of food and revenue and the structure of profit and loss statements for the hotel industry’s food and beverage department, as specified by the USALI. You will learn about the food and department expenses and statistics and explore how to analyze profit and loss and resources.
Enrol right now, and take steps towards leading hotel financial departments!
The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.
You are taught through a combination of
- Video lessons
- Online study materials
Will I receive a certificate of completion?
Upon successful completion, you will qualify for the UK and internationally-recognised certification and you can choose to make your achievement formal by obtaining your PDF Certificate at a cost of £9 and a Hard Copy Certificate for £15.
Why study this course
Whether you’re an existing practitioner or aspiring professional, this course will enhance your expertise and boost your CV with key skills and an accredited qualification attesting to your knowledge.
The Uniform System of Accounting for Lodging Industries Part 2 is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16.
|Introduction to the Course||00:02:00|
|Introducing Hotel Operating Structure-Profit Centers||00:03:00|
|Introducing Hotel Operating Structure-Support Centers||00:03:00|
|Explaining the main Profit & Loss Statement||00:09:00|
|F&B Department Revenue|
|F&B Profit & Loss Statement Template (Revenue and Cost of Sale) Part 1||00:05:00|
|F&B profit & Loss Template Explained Part 2||00:04:00|
|Food Revenue and Beverage Revenue Explained||00:08:00|
|F&B Allowance and Other revenue lines explained||00:16:00|
|F&B Department Expenses|
|F&B Cost of Food Sales and Beverage||00:09:00|
|F&B cost of sale for other revenue||00:06:00|
|F&B Dept Labour cost (Salary and Wages)||00:05:00|
|F&B Dept Other line items for labour cost||00:08:00|
|F&B Labour cost Supplimental Pay and Employee Benefits||00:08:00|
|F&B Operating Exenses – Banquet Expenses||00:03:00|
|F&B Operating Expenses Starting with C||00:08:00|
|F&B Operating Expenses – Decoration to Linens||00:10:00|
|F&B Operating Exenses – Management fee to Utensils||00:08:00|
|F&B Department Statistics|
|F&B Dept Operating Metrics Prescribed by USALI||00:10:00|
|F&B Dept Statistocs to understand Profitability by Venue||00:06:00|
|F&B Dept Formula to calculate Metrices discussed earlier||00:08:00|
|How to Analyse P&L and Resource|
|Fixed And Variable expenses and how to analyse P&L||00:16:00|
|Assignment – Uniform System of Accounting for Lodging Industries Part 2||00:00:00|
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