R

E
• SERVICE PERFORMANCE
V
• BILLING
E
• CASH RECEIPT
• REVENUE RECOGNITION
N
U
E
R
E
RESERVATIONS
V
E RESORT HOTEL

N
U RESTAURANTS FUNCTIONS

E
 R
RESERVATIONS E
Cottage Status
V
E
Cottage A Reserved
Cottage B Occupied

N
Cottage C Vacant
Cottage D Vacant
Cottage E Occupied

U
E
R
E
V CASH RECEIPTS
E Entrance

CHECK - IN
Hotel Cashier
Cashier
CASH RECEIPTS

N
TRANSACTION
FILE
Resorts Functions

U
Cashier Cashier

Restaurant
Cashier

E
 R
E
V
CHECK
REVENUEOUT / E
RECOGNITION
BILL OUT N
U
E
EXPENDITURE CYCLE SUBSYSTEM
Purchasing Procedures
• Request and Issuance of Inventory
• Placing the Order
• Receiving the Inventory
• Recognition of the Liability
• Settlement of Supplier’s Accounts
EXPENDITURE CYCLE SUBSYSTEM

Requesting for Inventory

• Monitoring and Identifying Inventory Needs
• Creation of Purchase Requisition

Purchase of Goods
• Placing the order
• Creation of Purchase Order
• Sending Blind Copy to the Receiving Department
EXPENDITURE CYCLE SUBSYSTEM
Settlement
Receiving
of Suppliers’
the Inventory
Accounts
• Reconciles
Inspection source documents
of quantity and quality of goods
• Creates the check
Completion of thetoblind
be signed
copy by the Controller
• Updates
Creationthe Accounts
of the Payable
Receiving for payment of the
Report
liability
Recognition of Liability
• Receipt of Supplier's Invoice
• Reconciliation of SI, PO, RR
• Creation of the Cash Disbursement Voucher
EXPENDITURE CYCLE SUBSYSTEM
OTHER TASKS

• Petty Cash Establishment

• Petty Cash Disbursement
• Petty Cash Replenishment
• Petty Cash Liquidation and Reconciliation
ACQUISITION OF LONG – TERM DEBT
• Proposal
• Authorization and Approval
• Application
• Payment
DISTRIBUTION OF DIVIDENDS
• Declaration
• Recognition
• Payment
INVESTING
FIXED
CYCLE
ASSETS
SUBSYSTEM
INVESTING CYCLE SUBSYSTEM
• NONAPPROVAL
ANNUAL OF
CAPITAL
– ROUTINE
• THE BOARD
EXPENDITURE
SIGNIFICANT OF
BUDGET
•
DIRECTORS
MATERIAL
 FIXED
CASH ASSETS
DISBURSEMENTS
SUBSIDIARY FILE
TRANSACTIONS FILE
H
U
M
A ASSESSMENT OF HUMAN
N RESOURCE CAPACITY
R
a. Employee Evaluation Report
E
S b. Employee Development Worksheet
O c. Persons Involve
U • Department Head

R • Human Resource Manager

C
E
 REQUEST AND APPROVAL
FOR ADDITIONAL EMPLOYEES
a. Position Requisition Form

b. Old Application Forms

c. Persons Involve

i. Department Head

ii. Human Resource Manager

H
U
M
A
N
HIRING OF EMPLOYEES
R a.Application Forms
E
b.Persons Involve
S
O i. Human Resource Manager
U
ii.Human Resource Officer
R
C
E
ESTABLISHMENT OF EMPLOYEE MASTER FILE

a. Employee Information Form

b. Persons Involve

i. Human Resource Officer

H
U
M
A
N EMPLOYEE TERMINATION
R a.Resignation Letter
E b.Request for Payment
c.Employee Termination Contract
S d.Persons Involve
O i. Human Resource Manager
ii. Cash Disbursing Officer
U iii.Controller
R iv.Accounting Clerk

C
E
PROMOTION OF EMPLOYEE
a. Employee Performance File
b. Employee Evaluation Report
c. Employee Development Worksheet
d. Persons Involve
i. Human Resource Manager
ii. Department Head
 OVERVIEW
Employees perform all the strategies of the business
to ensure its competitive standing and long term
growth and existence. Therefore it is just proper that
they receive timely and accurate salaries and
wages, as equivalent for their services rendered.
 P
A
OVERVIEW Y
This subsystem also includes activities such as
payroll computation, payroll preparation and
R
authorization and pay slip distribution.
O
L
L
 SUMMARY OF TASKS
Task 1: Establishment of Payroll Master File
Task 2: Daily Timekeeping
Task 3: Request and Approval of Employee Overtime Hours
Task 4: Request and Approval of Leave
Task 5: Request and Approval of Employee Cash Advance
Task 6: Preparation of Bi-Monthly Payroll
Task 7: Payment of Employee Benefits
Task 8: Payment of Payroll
MASTER SET OF ACCOUNTS
Task 1: End of the Month Procedures
Task 2: Food and Beverages Physical Inventory Count
Task 3: Fixed Assets Physical Count
Task 4: Bank Reconciliation
PRODUCE FINANCIAL REPORT
Task 1: Preparation of Financial Statements