Travel Agency Accounting Procedures (The Travel management library)

This unique new text is an introduction to the accounting and budgeting roles performed in travel agencies. It presents special problems that arise, focuses on the preparation of the weekly 'ARC' report, and discusses profit-orientated budgeting. A simple profit determination formula has also been identified, and can effectively be applied in both small and large travel agencies. This book should be of interest to students of travel agency accounting on travel and tourism courses.