Banquets & events Live

An event in the books

Deposits held as client money, every cost tagged to the event, and a margin read when the last bill is in.

Booked in March, deposited in April, held in November, billed the next morning, the florist's bill in December. Whether the wedding made money is a question the books can now answer, because the event is a ledger of its own — deposits held as client money until the event, every vendor bill line taggable to it, the margin read when the last bill arrives. The accounting page on the banquet ledger says how.

More on Banquets & events

The hall sells by the hourA venue with a diary, sold by the slot rather than the night, billed on the same folio as the rooms — because for a city hotel the wedding is often the larger revenue line. The banquet event orderThe one document the kitchen, the floor and the client all work from — the menu, the timings, the setup, the equipment, the numbers — printed from the booking.