What are the four types of folio used in Front Office?

In the Front Office, the four types of foliOS are:

1. Guest Folio - This tracks all charges and payments related to a specific guest during their stay.
2. Master Folio - Used for group bookings, it consolidates charges for multiple guests under a single account.
3. City Ledger Folio - This is for accounts that are not directly tied to a current guest, typically for billing corporate clients or credit accounts.
4. Banquet Folio - This records charges and payments related to events or banquets held in the hotel, managing costs associated with catering and event services.