REVIEW OF ACCOUNT PAYABLE PERFORMANCE AGAINST STANDARD OPERATING PROCEDURES FOR SUPPLIER PAYMENT SETTLEMENT AT ADHIWANGSA HOTEL & CONVENTION SOLO

Abstract

All forms of accounts payable reporting in operations at the hotel are always carried out in
accordance with the policies set by the hotel management in order to realize the company's goals.
The purpose to write this research is to acknowledge the explanation in general about Account
Payable, Standard Operating Procedures for Resolving Supplier Payments and Review of Accounts
Payables performance at Adhiwangsa Hotel & Convention Solo. To achieve this goal, the methods
that used in the research that conducted in Adhiwangsa Hotel & Convention are observation,
documentation, literature review and questionnaire. The questionnaire was given to the Head of
Accounting and The General Cashier to find out the review of the performance of Accounts Payable
against the Standard operating procedure for completing supplier payments at Adhiwangsa Hotel &
Convention Solo. The results of this research are first, the explanation in general about Account
Payable is a section in accounting department which aim to manage all the process of payment to
the supplier according to the due date. Second, the Standard Operating Procedures for completing
supplier payments consist of nine points in accordance with the document that issued by
Adhiwangsa Hotel & Convention Solo. Third, review of Account Payable performance against
Standard Operating Procedures for Supplier Payment settlement at Adhiwangsa Hotel &
Convention Solo. The result shows that 75% respondents strongly agree with the statement, 20%
respondents agree with the statement and 5% respondents disagree with the statement that Account
Payable did the performance in accordance with the Standard Operating Procedures for Supplier
Payment settlement at Adhiwangsa Hotel & Convention Solo.