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A K Shrivastava & Associates.
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Industry Focus

CA Services for Hospitality & Travel

The Hospitality and Travel sector operates in a high-transaction environment requiring precise daily revenue reconciliation, strategic tax planning, and robust cost controls. Hotels and travel agencies face complex multi-rate GST applicability, inventory perishability, and working capital challenges that demand specialized professional expertise. Our firm delivers tailored Chartered Accountancy solutions designed exclusively for hospitality to ensure compliance, cost efficiency, and maximized profit margins.

Our Specialized Services for Hospitality & Travel

Daily Revenue & POS Reconciliation

Automating the complex daily reconciliation between Property Management Systems (PMS), restaurant POS, and physical bank receipts.

Restaurant & Hotel GST Advisory

Expert structuring for multi-slab GST rates applicable to different room tariffs, fine-dining restaurants, and outdoor catering banquets.

Travel Agency & OTA Accounting

Managing complex commission accounting, airline billing settlements (BSP), and TCS compliance for Online Travel Aggregators (OTAs).

Inventory & F&B Cost Audits

Conducting frequent physical stock checks and recipe-costing analysis to minimize food, beverage, and consumable wastage or pilferage.

Capital Expenditure (Capex) Structuring

Strategic tax advisory on the capitalization of expensive hotel renovations, interior fit-outs, and optimizing fixed asset depreciation.

Payroll & Service Charge Compliance

Managing complex hospitality payrolls, temporary banquet staff compliance, and the statutory distribution of customer service charges.

Foreign Exchange (FEMA) Advisory

Ensuring strict RBI compliance for hotels receiving foreign tourist currency and processing international franchise fee remittances.

Franchise & Management Agreement Audits

Independent auditing of revenue-sharing models and gross operating profit (GOP) calculations between hotel owners and global operators.

Working Capital & Loan Syndication

Preparing detailed CMA data and projections to secure working capital and large-scale renovation financing from banking institutions.

Statutory Audit & Corporate Tax

Executing independent financial audits and highly optimized corporate tax return filings tailored specifically for hospitality groups.

Liquor License Accounting & Compliance

Navigating the highly specific state excise duties, permit renewals, and specialized accounting protocols required for bar operations.

Due Diligence for Hotel Acquisitions

Evaluating the financial health, occupancy metrics, and hidden tax liabilities of hospitality properties prior to corporate acquisitions.

Ready to secure your financial future?

Book a consultation with our senior partners to discuss your audit, compliance, or tax advisory requirements.