Bookkeeping for hotels
The Giersch Group helps hotels all over the nation manage and utilize their financial records from our offices in Brookfield, Milwaukee & Madison, WI.
Affordable accounting services for small & mid-sized hotels
We take the burden of hotel accounting off your shoulders & present timely, accurate financial reporting.
The Giersch Group provides flexible and 100% virtual bookkeeping and consulting services tailored and priced to fit the needs of hoteliers in Milwaukee, Wisconsin, or anywhere in the nation.
Many hotel owners initially seek outsourced accounting help for the cost savings, only to discover that working with our team gives greater value than they bargained for. Our unique approach to hotel bookkeeping delivers more than CPA-ready books. You get enterprise-level accounting and financial reporting, backed by a team of professionals. We cover all your hotel bookkeeping essentials, provide insightful financial reporting, and most importantly teach you how to use your financial data to grow your business.
Contact us today for a free, no-obligation consultation online, or at our offices in Milwaukee, Brookfield, Madison. You can bring your balance sheet for a free analysis, or just bring your questions. You’ll be surprised at how easily you can afford our services, and how much we can help improve your bottom line. Our services are 100% online and available nationwide.
Hotel bookkeeping backed by a team of professionals
Regardless of the size of your hotel, getting all aspects of your accounting covered is a crucial part of sustaining and growing your business. In addition to bookkeeping and reporting, we offer a range of professional services to support busy hotel owners who are already wearing too many hats:
- Payroll & employee tax withholding
- Basic HR services
- AP & AR
- Tax compliance & audit support
- Outsourced CFO services
- Mergers & acquisitions consulting
- Family business succession planning
Our services are flexible, and always focused on improving your bottom line. We’re here to provide as much or as little support as your business needs, whether you’re across the street or across the state.
Hotel consulting services
We provide practical, profit-driven business and management consulting services for hotels of all sizes. We understand the significant personal and financial investment and sacrifices small business owners make. Our hospitality consulting services are designed to give you a better understanding of your current financial footing, and help you define a strategic plan for achieving your goals.
Whether you need help resolving pressing issues you’re currently facing, or want to establish a clear path to long-term business growth, we can help.
QuickBooks® for hotels
The Giersch Group is a QuickBooks® Online Certified ProAdvisor, and we recommend QB Online as the best accounting software for most hotels. Working with cloud-based accounting software allows us and our clients to access financial data anytime, anywhere. It also integrates well with most POS software, so if your hotel business has multiple departments such as a front desk, restaurant or workout facility, each can be looped in for more transparent reporting and accountability.
That said, if you’ve found another version of hotel accounting software you prefer, we can work within any system while providing impeccable bookkeeping. You can also request QuickBooks® setup and/or support as a standalone service.
Hospitality industry accounting services tailored to your small business
Our bookkeeping and consulting services benefit all types of hospitality and tourism industry businesses, including:
- Hotels
- Motels
- Airbnb hosts
- Bed & breakfast inns
- Ski lodges & resorts
- Campgrounds & RV parks
- Bars & restaurants
- Catering businesses
We also have deep experience working with franchisors and franchisees in the hospitality industry. No matter what type of small or mid-sized business you own, our aim is to improve your relationship with numbers to foster financial success.
Outsourced & onsite bookkeeping services for Wisconsin hotels
Our outsourced bookkeeping & virtual CFO services are available anywhere in or outside of Wisconsin. From our offices in Milwaukee, Madison and Brookfield we primarily serve businesses located in and around Milwaukee, Dane, Ozaukee, Washington and Waukesha counties.
Milwaukee County bookkeepers serving: Downtown Milwaukee, Shorewood, Whitefish Bay, Glendale, Fox Point, River Hills, Brown Deer, Granville, Butler, Wauwatosa, West Allis, Greenfield, Hales Corners, Greendale, Franklin, Oak Creek, South Milwaukee, Cudahy, St. Francis & everywhere in between.
Dane County bookkeepers serving: Madison, Middleton, Waunakee, Windsor, Sun Prairie, Cottage Grove, McFarland, Fitchburg, Verona, Riley, Pine Bluff, Cross Plains, Springfield Corners, Black Earth, Mazomanie, Mt. Horeb, Belleville, Rutland, Stoughton, Kengosa, Deerfield, Monona & everywhere in between.
Ozaukee County bookkeepers serving: Mequon, Thiensville, Cedarburg, Lakefield, Grafton, Saukville, Port Washington, Knellsville, Newburg, Waubeka, Fredonia, Holy Cross, Belgium, Dacada & everywhere in between.
Waukesha County bookkeepers serving: Waukesha, Brookfield, New Berlin, Muskego, Big Bend, Vernon, Mukwonago, Jericho, Eagle, North Prairie, Saylesville, Genesee Depot, Ottawa, Wales, Dousman, Delafield, Oconomowoc, Monterey, Nashotah, Hartland, Merton, Town of Lisbon, Sussex, Lannon, Menomonee Falls, Butler, Pewaukee & everywhere in between.
Washington County bookkeepers serving: Germantown, Hubertus, Richfield, Thompson, Ackerville, Hartford, Kirchhayn, Jackson, Cedar Creek, Slinger, Cedar Lake, St. Lawrence, Allenton, Addison, St. Anthony, Kohlsville, Wayne, Kewaskum, Boltonville, Fillmore, Cheeseville, Young America, West Bend, Nabob and everywhere in between.
Get a free hotel bookkeeping consultation
Professional help managing your books lets you focus on delivering best-in-class hospitality and services to your customers. Whether you choose to meet with us at one of our Wisconsin locations or take advantage of our remote services, we look forward to designing custom accounting solutions to help you make the most out of your business. All services from the Giersch Group are available 100% online, nationwide.
Contact the Giersch Group online or give us a call today.
Frequently Asked Questions:
Why is hotel accounting challenging?
Hotel accounting requires a seamless flow of data and communication across numerous departments, vendors and revenue streams. Special attention is needed for hotels in different geographic locations, as each may have different regulations and tax codes. Giersch Group services don't just manage these aspects but provide data that will grow your hotel business.
What are the most important aspects to hotel business accounting?
The most important accounting aspects for a hotel business are tracking cash flow, budgeting, managing payroll, forecasting and tax compliance. Whether you need services in one or all, Giersch Group experts are ready to help you surpass your bottom line.
Do hotels face unique financial challenges as opposed to other businesses?
Yes. Hotel finances include many moving parts. Varying room rates, unpredictable occupancy, guest room charges, seasonality trends and staffing/resource planning make increased cash flow difficult. Giersch Group experts guide your business through these challenges and increase your bottom line.
