Research On The Cost Accounting In XD Hotel Based On Activity-Based Costing

In order to ensure the efficient operation of the diversified business management of the tobacco industry,the development direction of the company in the report of the 19 th National Congress of the People's Republic of China insists on reducing costs and optimizing resource allocation.Practical scientific theory is needed to guide the cost management of XD hotels,a tobacco diversified company.In recent years,the profitability of XD hotels has been poor.It adopts the traditional cost accounting method and a single cost analysis method.It is difficult to provide more effective cost information.This method is not comprehensive enough to understand the relationship between the cost of the store and the main business.It is not conducive to the management to make a reasonable management decision.Through several discussions with the XD Hotel,the management recognized and supported the implementation of the ABC in the hotel.They believe that the activity-based costing method is an effective analysis tool that can improve the accuracy of the hotel's cost-sharing and contribute to the cost control of the hotel and the effective formulation of business decisions.I visited the department heads and front-line staff to conduct research,understand their main work content and data statistics,which is conducive to the hotel to determine the hotel's main operations,choice of cost drivers and so on.Establish a resource library based on the XD hotel's accounting processing and departmental functions.According to XD Hotel's accounting processing and departmental functions,I established several resource libraries.I have established 13 major operations by sorting out research interviews and statistics.They are reception operations,check-in operations,consultation operations,room cleaning operations,,cleaning bedding service,public health operations,daily housekeeping operations,catering service operations,security inspection monitoring operations,maintenance power protection operations,financial accounting analysis operations,purchase and acceptance operations,promotion marketing operations.Based on the cost-benefit principle,the principle of importance,the principle of relevance,and the data available from the department.I am looking for the right cost drivers to allocate the cost to each activity.In addition,all operating costs are allocated to catering customers and various types of rooms,indicating that the Activity-based Costing results are closer to the real operating conditions of the hotel.Based on this,I proposed that the hotel needs to focus on the profitability of catering business,business single rooms,standard rooms and business suites.Hotel increases cost control and continuously improves its marketing.At the same time,the cost of the XD hotel's heavy-duty operations was tracked,find out the costs and expenses that need to be controlled,and propose suggestions for adjusting staff,improving work efficiency,and controlling the cost of large amounts of money.