Review of Revenue Treatment and Expense Recognition Using the Visual Hotel Program Application
Abstract. Izi Hotel Bogor is a company engaged in hospitality that was established in the
Bogor area as a place that was visited a lot on weekends especially for residents of Jakarta
and its surroundings.
Izi Hotel Bogor uses Visual Hotel Program (VHP) in its operational activities in every
department in IZI Hotel Bogor both in the Front Office, Housekeeping, Marketing, and
The writing of this practical work report aims to find out how to recognize revenue and
expenses by using the Visual Hotel Program (VHP) system at IZI Hotel Bogor.
Recognition of income and expenses at IZI Hotels using Accrual Basic. How to apply to
the VHP system with the Basic Accrual method.
Recognition of income and expenses with the Basic Accrual method is Accrual Basic is the
process of recording accounting transactions where transactions are recorded when they
occur, even though they have not received or issued cash. At Accrual Basic, revenue is
recorded when sales occur even though cash has not been received, while costs are
recorded when the costs are used or used, even though they have not yet issued cash. Thus,
the Basic Accrual method of income is recorded when a sale occurs, even though cash has
not been received.
Keywords: Revenue Recognition, Expense