LedgerMatch
Bank Reconciliation for Hotels & Hospitality in Tacoma, WA
A practical CSV-based bank-to-ledger workflow for hotels and hospitality businesses bookkeepers serving businesses in Tacoma.
Bookkeeping context in Tacoma
Tacoma is Pierce County's commercial hub, with a major port, manufacturing, military (Joint Base Lewis-McChord), and healthcare sectors. Wells Fargo and Bank of America are the dominant commercial banks in Tacoma. LedgerMatch handles both CSV formats and reconciles Tacoma business accounts against QuickBooks or Xero in under 10 minutes.
Hotels & Hospitality reconciliation workflow
Hotels and hospitality businesses receive revenue from a complex mix of channels — direct bookings via credit card, OTA (Online Travel Agency) net deposits from Booking.com, Expedia, and Airbnb, and group billing via invoice. Each channel deposits on a different schedule and in a net amount after OTA commissions or card fees. LedgerMatch matches every OTA payout, direct booking deposit, and operating expense against your QuickBooks in under 10 minutes.
Local and industry considerations
- Washington has no state income tax, but businesses pay the B&O (Business and Occupation) tax on gross revenue — Tacoma businesses also owe the city's B&O tax, making accurate monthly reconciliation essential.
- OTA payouts from Booking.com, Expedia, and Airbnb arrive net of commissions on different weekly schedules, making it difficult to reconcile total room revenue against the bank statement without a structured approach.
Common banks and accounting tools
- Wells Fargo
- Bank of America
- Chase
- Wells Fargo
- Bank of America
- Chase
- QuickBooks Online
- M3 Accounting
Explore related resources
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