After the holiday season, there will be several agencies that will have incurred entertainment expenses in the recent weeks. It is therefore important to properly account for these transactions in order to avoid contributions to taxes and corporate taxes. The entertainment …
A generic accounting software is unable to automate the travel agency’s accounting processes : accounting for travel agencies is a specific job! I was appointed more than 10 years ago to computerize the accounting of a travel agency. Having no knowledge …
For several years, travel agencies have been suffering from commission rate reductions from travel vendors. Therefore, they must find new ways to raise revenues and cut spending. A credit card used adequately can be a good option to pay travel …
Have you been a travel agent for several years or have you just graduated as a travel agent and your goal is to launch your own travel agency. What do you need to plan in your future business? What are …
Group travel management – how can TravelWorks software help you maximize billing? Billing management for group travels often results in unnecessary waste of time and additional administrative tasks due to the need to create invoices that are very similar to …
External Accountants in the Travel Industry – 3 Main Mistakes Made by Novice Accountants Accounting in the travel industry is complex and very specific because of the existing legislation in this sector. Understanding the accounting specificities in this field is …
Travel agencies with tour operator activities – How to maximize your management with TravelWorks Tour Lite option. Your travel agency develops tour operator activities and sells its own products to other travel agencies! You have to manage different commission level …
The implications in reviewing the financial statements The financial statements that you must prepare annually for your travel agency must be accompanied by a review engagement report. For companies with year-end after December 14, 2017, the report is now called …
Your fiscal year-end date is fast approaching and you, as a travel agency owner, are preparing, like every year, to spend some time with your auditor to write the famous annual financial statements! If you knew how much a minimum …
Selecting a good accounting software (back office) for your travel agency seems difficult, especially for people who start their business. The travel industry, regardless of the country, is often governed by specific legislation and therefore, it requires technologies that can …
After the holiday season, there will be several agencies that will have incurred entertainment expenses in the recent weeks. It is therefore important to properly account for these transactions in order to avoid contributions to taxes and corporate taxes. The entertainment …
A generic accounting software is unable to automate the travel agency’s accounting processes : accounting for travel agencies is a specific job! I was appointed more than 10 years ago to computerize the accounting of a travel agency. Having no knowledge …
For several years, travel agencies have been suffering from commission rate reductions from travel vendors. Therefore, they must find new ways to raise revenues and cut spending. A credit card used adequately can be a good option to pay travel …
Have you been a travel agent for several years or have you just graduated as a travel agent and your goal is to launch your own travel agency. What do you need to plan in your future business? What are …
Group travel management – how can TravelWorks software help you maximize billing? Billing management for group travels often results in unnecessary waste of time and additional administrative tasks due to the need to create invoices that are very similar to …
External Accountants in the Travel Industry – 3 Main Mistakes Made by Novice Accountants Accounting in the travel industry is complex and very specific because of the existing legislation in this sector. Understanding the accounting specificities in this field is …
Travel agencies with tour operator activities – How to maximize your management with TravelWorks Tour Lite option. Your travel agency develops tour operator activities and sells its own products to other travel agencies! You have to manage different commission level …
The implications in reviewing the financial statements The financial statements that you must prepare annually for your travel agency must be accompanied by a review engagement report. For companies with year-end after December 14, 2017, the report is now called …
Your fiscal year-end date is fast approaching and you, as a travel agency owner, are preparing, like every year, to spend some time with your auditor to write the famous annual financial statements! If you knew how much a minimum …
Selecting a good accounting software (back office) for your travel agency seems difficult, especially for people who start their business. The travel industry, regardless of the country, is often governed by specific legislation and therefore, it requires technologies that can …