Peer case
The cutoff was signed
How and who for the hotel job—verified when attested.
Job: True-up working capital without a close fight
Nights with a signed cutoff
Verified14 / 14
Guest names in AR samples
Verified0
Claim
A dated working-capital cutoff both desks signed, with nameless AR samples.
Evidence
Signed nightly sheets vs close binder for 14 nights.
Caveat
A 118-key select-service. Not a REIT portfolio true-up.
Situation
The PSA named a working-capital target. Nobody named the night. AR still had guest names. The last close on this owner's other house became a collection call.
Approach
True-up Desk wrote the cutoff night. Close Room stripped names from the AR sample. Cutoff Sheet held the target and the AP match. Unsigned nights were scored.
Outcome
Fourteen nights with a signed sheet. Zero guest names in the AR sample. The true-up died at the table.
“We were arguing about a night nobody had written down.”
Who did the work
- 8.3
- 8.6
- 7.6