Finance

Each legal company retains its chart, functional currency, bank accounts, posting periods and authority. Properties and departments provide useful operating dimensions without merging ownership or permitting cross-company netting.

Finance Manager independently approves protected financial mappings, standards, rates, taxes and bank changes. Actual transaction, settlement and functional-currency amounts remain distinguishable. Required missing evidence stays open for review; known zero values retain their meaning.

Local goods invoices follow actual title-transferred quantity and accepted commercial allocations. Finance Manager independently approves every invoice and credit. Stock and cost of goods sold belong to actual handover; the later invoice establishes receivables, revenue and tax without repeating that physical effect.

Supplier bills match independently accepted receipt tranches and clear the appropriate goods-received balance. Kitchen production transfers actual source carrying into WIP, then values accepted terminal output at the frozen standard with one independently approved nonzero variance. Department consumption relieves the actual used stock once.

Accountant reconciles authoritative PMS source events with their exact company, property, ledger, account and component identity. Additive charge, tax, payment, deposit, transfer and adjustment components remain distinct from summaries or package wrappers.

Independent Finance Manager approval binds the finite immutable packet, signed amounts, account mapping, currency/rate evidence and ERP posting period. Each source component can post only once across packets. Missing versions, mappings or balancing components remain held rather than being concealed by a generic journal adjustment.

The bridge does not create a second local invoice, customer cash application or guest refund. A route change after posting requires explicit source correction and reconciliation.

PMS tender reporting establishes its source event, not bank settlement. Accountant follows the remaining clearing amount to independently verified bank or cash custody, preserving actual fees, currencies and partial settlement.

Finance Manager separately approves the exact clearing-settlement effect. Bank cannot be posted once from the PMS report and again from the bank import. A documented direct-bank source uses its one reviewed route rather than both paths. Signed tender assets and liabilities can settle through a net receipt, debit or genuine zero offset. Actual fees have one owner; a zero-cash packet needs no invented bank movement.

Unmatched actual money may use an explicitly Finance Manager-approved suspense account while its source is investigated. Later resolution consumes the remaining suspense and identified tender sources, reclassifying their carrying without another bank movement.

Returned, failed and uncertain payments preserve earlier history and current claims. A PMS guest-refund request stays within its configured source/provider authority; only the verified actual outcome affects the bridge. Local goods refunds use their separate approved funding source.

Partial settlements relieve their exact current source carrying and prior unrealized exchange amounts, with the final rounding remainder. Incremental exchange differences remain separate from zero-net reclassification of prior unrealized FX.

PMS and ERP valuations reconcile at the same cutoff. Importing a source valuation cannot add a second whole gain or loss already recognized locally. Tax, fee and package component treatment follows the reviewed customer mapping rather than an assumed jurisdiction rule.

Signed corrections retain the original event and every affected posted descendant. A cancellation or refund cannot erase consumed supplies, a performed stay or an actual goods handover. Source-controlled accounts require the supported correction path.

Accountant reconciles local bank, receivables, payables, inventory, transit, WIP and goods-received balances alongside the PMS guest, deposit, corporate and tender-clearing controls. Missing source coverage and unresolved integration outcomes remain visible.

Finance Manager independently approves period close after required evidence and dependencies reconcile. Cutover starts from one company opening ledger with nonposting source detail, preserving earlier charges, deposits, food use and cash without replaying them.

PMS Ledger Reconciliation, Receivables and Payables Aging and Local Financial Statements support this work. The PMS-to-books process explains the bridge and settlement approvals.