Hospitality is an industry that includes restaurants, hotels, events, cruises, entertainment and other tourism-related services. Special professional regulations and by-laws regulate the operation of the hospitality industry, thus they are the basis for the operation of the hospitality facility and restaurateurs are obliged to comply with them. The hospitality industry consists of the provision of food and beverage services and the provision of accommodation services. Accounting monitoring of the hospitality industry includes the collection, processing and determination of the correctness of accounting documents, which are necessary for the calculation of value added tax and consumption tax on alcoholic and non-alcoholic beverages on a monthly basis. Based on the collected accounting documents, forms are drawn up and submitted to the competent tax administration through the e-tax system. All financial reports related to the entity's operations are drawn up at the end of the business year, as well as other reports required by the tax administration and the Ministry of Finance. The invoice is a document that confirms that the goods and/or services have been purchased from the supplier and is obtained only after the goods have been delivered or the service has been performed. The incoming invoice is an external accounting document. The invoice is a document issued by the service provider or the seller of the goods to the buyer. The purpose of outgoing invoices is to invoice the provided services and/or delivered goods to the end customer. All issued invoices are recorded through the book of outgoing invoices, and the book is kept on a monthly basis. The annual financial report of an entrepreneur includes the most important data on the company's operations, namely the balance sheet and the profit and loss account. Trading companies, sole traders, domestic business units and branches of entrepreneurs based abroad and all other legal and natural persons liable for income tax in the Republic of Croatia are obliged to submit an Annual Financial Report for the purpose of statistical processing and for other purposes.