Refining Budgets, Budgetary Control
REFINING BUDGET
If the actual operating figures and budgeted figures are distant from each other, then this suggests a refining or revision of our budget.
revision...
Advantages & Disadvantages of Budgeting
ADVANTAGES & DISADVANTAGES OF BUDGETING
ADVANTAGES
coordinates activities across departments.Budgets translate strategic plans into action.Budgets provide an excellent record of organizational activities.Budgets improve communicationwith employees.Budgets improve resources allocation, because all requests...
PROPERTY MANAGEMENT SYSTEM (PMS)
What is PROPERTY MANAGEMENT SYSTEM (PMS) in front office ?
A generic term used to describe the application of computer hardware and software in...
Fidelio / IDS / Shawman
FIDELIO
A Hotel Management System (HMS) Fidelio is a completely integrated system package designed to maximize the efficiency of the hotel. Fidelio is one of...
