Finance & Accounting

USALI 12th Edition.
Full accounting.
Built in.

The only hotel management platform with native USALI compliance, double-entry accounting, departmental P&L, multi-currency support, and tax engines for 9 countries — without a single add-on or integration.

USALI Departmental Profit & Loss Statement
USALI 12th Ed March 2026
Description Actual Budget Variance
Schedule 1 — Rooms
Transient Revenue 4,28,500 4,15,000 +3.3%
Group Revenue 1,82,300 1,90,000 -4.1%
Contract Revenue 56,200 50,000 +12.4%
Total Rooms Revenue 6,67,000 6,55,000 +1.8%
Salaries & Wages (1,12,400) (1,15,000) +2.3%
Other Expenses (38,600) (40,000) +3.5%
Rooms Dept Profit 5,16,000 5,00,000 +3.2%
Schedule 2 — Food & Beverage
Restaurant Revenue 2,84,700 2,75,000 +3.5%
Banquet & Events 1,42,300 1,50,000 -5.1%
Bar & Lounge 98,400 95,000 +3.6%
Total F&B Revenue 5,25,400 5,20,000 +1.0%
Cost of Goods Sold (1,57,620) (1,56,000) -1.0%
Salaries & Wages (1,31,350) (1,35,000) +2.7%
Other Expenses (26,270) (28,000) +6.2%
F&B Dept Profit 2,10,160 2,01,000 +4.6%
Other Operated Depts (Spa, Activities, Transport)
Total Revenue 1,86,500 1,80,000 +3.6%
Total Expenses (1,04,440) (1,08,000) +3.3%
Other Operated Profit 82,060 72,000 +14.0%
Total Dept Profit 8,08,220 7,73,000 +4.6%
Undistributed Expenses (A&G, S&M, POM, IT) (2,84,200) (2,90,000) +2.0%
Gross Operating Profit (GOP) 5,24,020 4,83,000 +8.5%
Management Fees (42,000) (42,000) 0.0%
Non-Operating Income 18,500 15,000 +23.3%
Net Operating Income (NOI) 5,00,520 4,56,000 +9.8%
Fixed Charges (Insurance, Property Tax, Rent) (1,85,000) (1,85,000) 0.0%
EBITDA 3,15,520 2,71,000 +16.4%
USALI
12th Edition Native
0
Countries Tax Engine
0
USALI Schedules
0+
Auto-Seeded Ledgers

Chart of Accounts built
on USALI standards.

Not a report template bolted on top. Our entire chart of accounts follows USALI 12th Edition numbering, department classes, and account structure from the ground up.

Four Department Classes

Operated departments (Rooms, F&B, Spa), undistributed expenses (A&G, S&M, POM, IT), non-operating income, and fixed charges.

Auto-Seeding Engine

One click creates 80+ USALI-compliant ledger accounts, sub-groups, and department mappings. Regime-aware: adapts for GST, VAT, or hybrid.

USALI Numbering Convention

Account codes follow USALI standards: 4xxx Revenue, 5xxx Cost of Sales, 6xxx Payroll, 7xxx Expenses, 8xxx Undistributed. Fully customizable.

Outlet-to-Department Mapping

Auto-map POS outlets to USALI departments by type, with manual override per outlet. Revenue flows automatically to the right P&L schedule.

Chart of Accounts (USALI) 82 Ledgers
Revenue 4000
Rooms Revenue 4100
Transient Room Revenue 4101
Group Room Revenue 4102
Contract Room Revenue 4103
F&B Revenue 4200
Restaurant Revenue 4201
Banquet Revenue 4202
Spa & Recreation Revenue 4300
Cost of Sales 5000
F&B Cost of Sales 5200
Payroll & Related 6000
Undistributed Operating Expenses 7000
Administrative & General 7100
Sales & Marketing 7200
Property Operations & Maint. 7300
Utilities 7400
Fixed Charges 8000
Insurance 8100
Property Tax 8200

Full P&L cascade.
Dept Profit to EBITDA.

Every department's revenue, cost of sales, payroll, and expenses flow through the USALI cascade: Department Profit, then Gross Operating Profit, Net Operating Income, and EBITDA. Auto-generated by Night Audit or on demand.

Schedule 1-16
16
USALI Schedules
Cascade Levels
4
Profit Tiers
Auto Snapshot
Via Night Audit
Department Classes
4
Operated • Undist • Non-Op • Fixed
Department Profits
Rooms + F&B + Spa + Other Operated
8,08,220
Undistributed Expenses (A&G, S&M, POM, IT, Utilities)
Gross Operating Profit (GOP)
The hotel's operating performance benchmark
5,24,020
Mgmt Fees + Non-Operating Income/Expense
Net Operating Income (NOI)
Owner's view of profitability
5,00,520
Fixed Charges (Insurance, Property Tax, Rent)
EBITDA
Bottom-line before depreciation, amortization & tax
3,15,520

Full general ledger.
Not a glorified report.

Most hotel software exports to Tally or QuickBooks. Proxvera has a complete double-entry accounting engine built in — chart of accounts, voucher engine, narration trails, and GL mapping.

Hierarchical Chart of Accounts

Groups, sub-groups, and ledgers with unlimited depth. Regime-aware seeding for GST, VAT, or custom tax structures.

Four Voucher Types

Payment, Receipt, Journal, and Contra vouchers with mandatory double-entry validation. Every debit equals every credit.

Narration & Audit Trails

Every voucher carries narration text, user stamps, and entity context. Full audit trail for every GL entry.

Auto GL Mapping

POS settlements, folio charges, deposits, and tax collections auto-map to the correct ledger accounts. Zero manual journal entries for daily operations.

Journal Voucher — JV/2026/03/0042 Posted
Date
06 Mar 2026
Type
Journal
Created By
Night Audit
Period
FY 2025-26 / P12
Code Ledger Account Debit Credit
1200 Accounts Receivable — City Ledger 1,24,500
4101 Transient Room Revenue 1,05,508
2301 CGST Output (9%) 9,496
2302 SGST Output (9%) 9,496
Total 1,24,500 1,24,500
Narration
Night Audit — Room revenue posting for 05-Mar-2026. 42 occupied rooms, avg rate 2,512. GST split: CGST 9% + SGST 9% (intra-state).

Append-only ledgers.
Tamper-proof by design.

Accounts Receivable uses an immutable, append-only ledger — the same architecture as our folio and bar bottle tracking. No record can be modified or deleted, only new entries added.

Immutable AR Ledger

Every AR entry is append-only. Adjustments create new contra entries, never modify originals. Complete audit trail for auditors.

Accounts Payable

Track vendor invoices, match against POs and GRNs (3-way match), schedule payments, and auto-post to the GL on settlement.

Petty Cash Management

Imprest-based petty cash with receipt logging, category tracking, auto GL posting, and periodic replenishment workflows.

Automatic GL Mapping

Folio charges, POS settlements, deposits, taxes, and refunds auto-map to the correct ledger. Night Audit generates the journal entries.

AR Aging Summary As on 06 Mar 2026
Customer
Current
1-30d
31-60d
61-90d
90d+
MakeMyTrip Corp
2,45,000
1,82,400
Booking.com BV
3,12,800
1,56,200
89,400
Expedia Group
1,87,600
94,300
42,100
Total Outstanding
7,45,400
4,32,900
89,400
42,100

Live exchange rates.
Gain/loss tracking.

Accept payments in any currency. Proxvera fetches live rates from the Frankfurter API (ECB data), tracks realized and unrealized foreign exchange gain/loss, and maintains a full audit ledger per transaction.

Frankfurter API — ECB Rates

Auto-fetch daily rates from the European Central Bank via Frankfurter API. Manual override available. Configurable base currency per property.

Gain/Loss Tracking

Automatic calculation of realized gain/loss at settlement and unrealized gain/loss at period-end revaluation. Posts to the GL automatically.

Audit Ledger

Every rate fetch, manual override, and currency conversion is logged with timestamps, source, and user context for complete auditability.

Exchange Rates — Live Frankfurter API
USD / INR
83.42
+0.18
EUR / INR
90.67
-0.34
AED / INR
22.71
+0.05
Unrealized Forex Gain (MTD)
+12,840
Realized Gain (MTD)
+8,420
Last synced: 06 Mar 2026, 09:15 AM IST • Source: ECB via Frankfurter

9 countries. One tax engine.
Full compliance.

India GST with CGST/SGST/IGST auto-split, UAE VAT, Saudi ZATCA, Maldives TGST, and more. Built-in TDS, TCS, withholding tax, and e-invoice generation via Protean ASP (India) and FATOORAH (Saudi).

🇮🇳
India
GST, TDS, TCS, Cess, E-Invoice (Protean ASP)
🇦🇪
UAE
5% VAT, Tourism Dirham, Municipality Fee
🇸🇦
Saudi Arabia
15% VAT, ZATCA E-Invoice, FATOORAH
🇲🇻
Maldives
16% TGST, Green Tax, Service Charge
🇲🇺
Mauritius
15% VAT, Tourism Levy, CSR
🇱🇰
Sri Lanka
VAT, Tourism Dev Levy, SC
🇹🇭
Thailand
7% VAT, WHT, BOI Incentives
🇸🇬
Singapore
9% GST, Service Charge, Cess
🇴🇲
Oman
5% VAT, Tourism Tax, Municipality Fee

E-Invoice Generation

Protean ASP for India (IRN + QR), FATOORAH for Saudi Arabia. Auto-generate on invoice finalization with retry and error handling.

Bilingual Invoices

Generate invoices in English + Arabic (Saudi), English + Hindi, or any language pair. Configurable per property with custom templates.

TDS / TCS / WHT

Automatic TDS deduction on vendor payments, TCS collection on high-value bookings, and withholding tax for international guests. Form 26AS reconciliation.

Regime templates auto-configure tax rules per country — zero manual setup

Year-end close.
Without the chaos.

Manage accounting years, periods, closure workflows, dual-year overlap, and 90-day grace periods — all from one screen. Sequence numbers auto-reset on new year start.

1
Create Year
Define FY start/end, auto-generate 12 monthly or 4 quarterly periods
2
Open Periods
Periods open sequentially; parallel posting to current + prior period during overlap
3
90-Day Grace
Post adjustments to the old year for up to 90 days after year-end close
4
Final Close
Lock the year, carry forward balances, reset voucher sequences

Dual-Year Overlap

Run the new financial year while the prior year remains open for adjustments. Parallel period posting with controlled access.

Sequence Reset

Voucher numbers, invoice sequences, and document numbers auto-reset when a new accounting year begins. Configurable prefix patterns.

Period Locking

Lock individual periods to prevent backdated entries. Reopen with manager approval for audit adjustments. Full trail of lock/unlock actions.

Plan. Track. Defer.
Everything accounted for.

Budget module with variance analysis, fixed asset register with dual depreciation methods, and deferred revenue with append-only ledger and public gift voucher purchase.

Budget Module

Monthly or quarterly budgets with multi-level approval workflow. Actual vs budget variance at department, schedule, and GL level.

Monthly / Quarterly granularity
Approval workflow (draft → review → approved)
Variance analysis with % deviation
CSV import for bulk budget entry

Fixed Asset Register

Componentized depreciation with dual SLM (Straight-Line) and WDV (Written Down Value) methods. GRN auto-creates asset records.

Componentized depreciation
Dual SLM / WDV methods
GRN auto-create asset records
FF&E Reserve tracking (USALI)

Deferred Revenue & Gift Vouchers

Append-only deferred revenue ledger with rollforward reporting. Public-facing gift voucher purchase page with payment integration.

APPEND-ONLY immutable ledger
Balance rollforward reports
Public gift voucher purchase page
Loyalty points as deferred revenue

Daily Business Report.
Real-time KPIs.

The Daily Flash Report (DBR) auto-generates after Night Audit with every KPI a GM needs: occupancy, ADR, RevPAR, GOP margin, channel performance, and trend analysis.

Daily Flash Report

Auto-generated DBR with occupancy, ADR, RevPAR, total revenue, F&B cover count, and GOP margin — sent to your inbox every morning.

Channel Commission Tracking

Track commissions per OTA channel, calculate net revenue per booking source, and measure direct booking ROI vs OTA cost.

Trend Charts

7-day, 30-day, and YTD trend charts for every KPI. Compare against budget, prior year, and rolling averages.

Daily Flash Report — 05 Mar 2026 Auto-Generated
Occupancy
87.3%
+4.2% vs LY
ADR
5,840
+8.1% vs Budget
RevPAR
5,098
+12.7% MoM
GOP Margin
34.2%
-1.1% vs Target
Revenue by Source
Direct 2,18,400
Booking.com 1,68,200
Expedia 1,02,800
Channel Commission
Booking.com (18%) -30,276
Expedia (15%) -15,420
MakeMyTrip (12%) -7,800
Total Commission -53,496
Net Revenue (after comm.) 5,21,904

Stop exporting to Tally.

Proxvera has the only native USALI-compliant accounting engine in any cloud PMS. Full double-entry, departmental P&L, multi-currency, and tax compliance for 9 countries — all included.