To Capitalize or Expense? The Answer Isn’t Always Clear

Arlene Ramirez | August 6, 2020

By Arlene Ramirez A quote in the 2008 novel “Paper Towns” by John Green reads: “The rules of capitalization are so unfair to words in the middle of a sentence.” This droll observation is not at the crux of this blog — well, not that kind of capitalization — but it may be similarly comic for those in financial accounting within the hospitality industry. Many times, what to capitalize and what to expense in the hospitality industry is unclear: The rules can seem as complicated as a student’s first grammar course. As it turns out, it does not have to be this way. Though there are no special rhymes or mnemonics like there a...