Bookkeeping for Travel Agency

Sale Journal

To maintain an up-to-date record of all credit sales, the traveling company prepares a sales journal.

Cash Receipt Journal

It is used to record all revenues received by the travel agency during the period. In other words, transactions concerning cash, credit cards, and cheques are recorded in this journal.

Account Receivable

When a traveling agency purchases tourism products and services from the supplier on credit, the amount owed to producers/suppliers/sellers is referred to as an account Receivable.

Cash Disbursement

Cash outflows are recorded in the cash disbursement journal. Cash flow means the operating expenses of the travel agency like rent, salaries, telephone expenses, administrative expenses, financial and legal expenses, selling and distribution expenses, payments, etc.

Outsourced accounting services for travel agencies:

Our virtual accounting services provide the complete financial information travel agents and agencies need to operate efficiently and thrive. You can outsource your accounting, bookkeeping, payroll, and tax preparation services to us completely, get help with specific tasks like profit and loss account formatting, or use our services temporarily. Accounting for travel agencies is the most important and needed for small to large-scale traveling agencies.

Travel agency Accounting & Bookkeeping in USA's largest Metro areas:

Our QuickBooks accounting services are available anywhere in the USA.

New York County travel agency bookkeepers serving: Manhattan, Brooklyn, Queens, The Bronx, Staten Island, East Syracuse, Syracuse, Cortland, Ithaca, Fairmount, Oneida, Fulton, Auburn, Rome, Oswego, Utica, Geneva, Watertown, Endwell.

Los Angeles travel industry bookkeepers serving: Los Angeles, Santa Monica, Irvine, Beverly Hills, Lucerne Valley, Pasadena, Newport Beach, West Hollywood, Culver City, El Segundo, Venice, and Torrance.

Chicago County travel agent bookkeepers serving: Oak Park, Berwyn, Forest Park, River Forest, Lincolnwood, Lyons, Maywood, River Grove, Evergreen Park, Evanston, Norridge, Melrose Park, Elmwood Park, Summit.

Houston County travel agency bookkeepers serving: Aldine, Algoa, Alvin, Angleton, Bay City, Baytown, Channelview, and Clear Lake City.

Phoenix County travel industry bookkeepers serving: Glendale, Paradise Valley, Tempe, Scottsdale, Peoria, Mesa, Sun City, Avondale, Goodyear, Chandler, Gilbert, El Mirage, Surprise, Sun City West, and Fountain Hills.

Nevada Country travel industry bookkeepers serving: Carson City, Churchill, Clark, Douglas, Elko, Esmeralda, Eureka, Humboldt, Las Vegas, Lander, Lincoln, Lyon, Mineral, Pershing, Storey, Washoe.

The best accounting software for travel agencies of all sizes: QuickBooks

Travel agencies need accounting software to make sure their business runs better. Whether this is a travel agency owner, franchise or independent agent and broker in the CLIA (and IATA) QuickBooks™ will ensure your financials are running smoothly with specific types of revenue that need to be tracked correctly for all types that exist within these industries!

QuickBooks is a powerful tool for any business, but it’s especially great if you have employees. With QuickBooks' Self-Service Payroll and the ability to organize income into tax categories all at once filing your taxes is as simple and efficient as possible!

Our experts can assist your agency with:

• Choosing the best bookkeeping software for your agency
• Migrating to Quickbooks™
  
• Setting your Quickbooks up for the first time
• Cleaning up your books on your accounting software that is already in use
• Continuously updating your financials