Foundational bookkeeping and accounting concepts every travel agent should know to keep their books clean and audit-ready.
If you're a travel agent — whether you run your own agency or work as an independent advisor under a host agency — your bookkeeping is proba...
Commission is the lifeblood of a travel agent's business. But tracking it accurately is harder than it looks — and small mistakes add up fas...
Bank reconciliation is the one bookkeeping task every travel agent knows they should do — and the one most of them avoid. It has a reputatio...
Your chart of accounts is the skeleton of your bookkeeping system. Get it right and every transaction has an obvious home. Get it wrong and...
Cancellations happen. A client breaks a leg two days before departure. A cruise line cancels a sailing. A hurricane rearranges the Caribbean...
Your Profit & Loss statement (sometimes called a P&L, an income statement, or a statement of operations) is the single most importan...
Expense tracking is where most independent travel advisors either succeed or fail at bookkeeping. Succeed, and every business expense turns...
If I had to give independent travel advisors ONE piece of bookkeeping advice, this would be it: separate your business finances from your pe...