Accounting

We would recommend, where appropriate, centralizing the finance function within the Tifco Group office. This will significantly reduce the finance staffing costs but also eliminate the administrative burden on the hotel. With Tifco assuming the responsibility of the accounting function, local management can concentrate on managing the operation and growing the business. At all times local management will have access to financial information through our Oracle ERP application and therefore ownership of their financial performance is retained at local level.

Our experienced central finance team will continually support the hotel operation and ensure all statutory obligations are met. The financial services we provide include the following:

  • Nominal ledger management and control
  • Produce a suite of reports necessary for the effective running of the business
  • Accounts payable
  • Accounts receivable
  • Cash management
  • Liaise with external auditors in the preparation of the annual statutory accounts
  • VAT and other tax compliance issues
© 2017 Tifco Hotel Group
  • 31 Northwood Court,  Northwood Park, Santry, Dublin 9, Ireland. D09 X489
  • Phone: +353 1 862 9000
  • Fax: +353 1 862 9001
  • Email: info@tifcohotels.ie

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