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What is the difference between hotel accounting and industrial accounting?

Generally speaking, there are mainly the following differences:

1. Hotel enterprises are pure service industries, and industrial enterprises not only produce products, but also sell products.

2. Different tax rates involved: General hotel accounting mainly involves business tax.

The VAT rates involved in industrial accounting are 17%, 13% and 6%.

3. Financial accounting is different: industrial accounting is complicated because enterprises have production links, and there are more subjects than hotel accounting. Such as raw material accounting, production cost accounting, manufacturing cost accounting, finished product accounting, waste loss accounting, etc., are all subjects that hotel enterprises do not need to establish accounting.