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Despite the criticisms, the band then made up of Bamboo Mañalac, Nathan Azarcon, Perf de Castro, Mark Escueta and Rico Blanco rose to become one of the most competent bands during the era. In popularity and chart ranking, Rivermaya was placed by observers as second only to the phenomenal act, the Eraserheads.

Bamboo however left the band in 1998 as the band's U.S. tour came to a close. Prior to Bamboo's exit, guitarist Perf also left the band due to creative differences. Deserted by its charismatic frontman, the band courageously carried on and released a string of successful hit albums and singles with Rico Blanco assuming the vocal chores.

The band would continuously be plagued with line-up problems as they struggled to keep Rivermaya's career afloat.

CREATIVE FORCE. Many attributed Rivermaya's accomplishment to chief songwriter Rico Blanco's uncanny ability to write good songs that turned out to be big hits.

In the clichéd world of rock n' roll, it always easy to single out good looks, coupled with rock star bravado, as the main ingredients for success. But genuine critics would be the first to say that an artist, regardless of anything, should be measured solely based on his or her art.

A true artist at heart, Blanco authored most of Rivermaya's memorable songs like "Bring Me Down," "Ulan," "214," "Awit ng Kabataan," "Himala," "Kisapmata," "Elesi," "Hinahanap-hanap Kita," "Kung Ayaw Mo, Huwag Mo," "Rodeo," "Shattered Like," "Umaaraw, Umuulan," "'Wag Na Init Ulo Baby," "A Love to Share," "241 (My Favorite Song)," "Balisong," and "You'll Be Safe Here."

Blessed with pop sensibilities sharpened even more by his love for pop tunes, Blanco continuously churned out radio-friendly hits, which allowed Rivermaya to weather personnel problems.

"Rivermaya survived the departure of Perf de Castro, Bamboo Manalac, and Nathan Azarcon simply because they're not the chief songwriter," commented a music journalist to PEP (Philippine Entertainment Portal) in a casual conversation last year.

The implication of that statement was dead clear: Rico Blanco, being the chief songwriter, was the heart and soul of Rivermaya.

NO LONG GOODBYES. As 2007 unfolded there was little to suggest that Blanco should relinquish his title as the band's main man.

In fact, he didn't have to. 2006 was a good year for Rivermaya and the momentum was expected to carry over as everyone welcomed the New Year. After a few hits and misses, Rivermaya was finally at the cusp of achieving international recognition. Bolstered by previous singles written in English, the band's popularity in Southeast Asia swelled considerably via the haunting ballad "You'll Be Safe Here." Rivermaya even performed the song live at the 2006 MTV Asia Awards held in Bangkok, Thailand. The quartet was also scheduled to embark on an Asian tour.

But while everything was turning up rosy for the band, Rico, unknown to his band mates and the management team, wanted out of the entire Rivermaya business. It wasn't a hasty retreat as Rico made known his heart's desire to everyone inside their camp.

During the early morning of May 4, 2007, The Dawn guitarist Francis Reyes reportedly received a text message saying that Rivermaya's scheduled gig that evening at the Metro Bar in Quezon City would be Rico's last with the group.

Intrigued and raring to find out the validity of the message, Francis went to the venue that evening. A few hours later, Francis texted The Dawn's drummer J.B. Leonor with the words: "Confirmed! It's Rivermaya's last gig!!! They're breaking up!"

GOING SOLO. Weeks after the reported final gig, the management of Rivermaya refused to either deny or confirm the rumor.

On June 19, co-manager Lizza Nakpil finally issued an official statement confirming Rico's departure from the band after 14 years of playing music.

The letter was scathing and optimistic at the same time. "We confirm that Mr. Blanco has written us a letter of resignation from Rivermaya. We are unable to give an explanation for this action since Mr. Blanco's statements are inconsistent with the facts. For the record, Mr. Blanco did not make any announcement of his leaving Rivermaya as early 2005, or in 2004 or 2006, for that matter," wrote Nakpil.

She further stated that Rico willingly participated in all of the plans mapped out by management, making his decision to split abrupt. Management admitted that they tried to persuade Rico to reconsider his decision so as not to impede their success in the international scene.

But the enigmatic frontman apparently had enough of his role and was raring to live outside the shadow of the band he tirelessly led for more than a decade.

Rico immediately delved into his other hobbies like designing and photography. Perhaps hoping to recharge his batteries, Rico reportedly went to the States while contemplating his next move. Rivermaya meanwhile soldiered on and found a new vocalist in the person of Jayson Fernandez.

After months of keeping a low profile, reports of Blanco sightings became abundant. He was spotted by PEP watching Duran Duran when the iconic ‘80s band staged a concert here last April 10 at the Araneta Coliseum.

Given the guy's talent, many were certain that Rico would re-emerge doing what he does best: making music. Known for his nationalistic sentiments mirrored through his art, the former Rivermaya leader sang for the embattled Sumilao farmers—the group who walked 1,700 km from Bukidnon to the Department of Agrarian Reform office in Quezon City.

But what truly marked Rico's comeback as a performer was the release of his first single titled "Yugto" recently, after a year of seclusion. Rico is reportedly busy recording his debut album as a solo artist. Intriguingly, Rico's upcoming record will be released under Warner Music Philippines—the same label that houses the present Rivermaya.

Documenting his studio exploits, Rico wrote in his multiply account the pains and excitement of being inside the studio once again.

Accounting section of any business or organization tracks, records, and manages the financial transactions of the business with its customers and clients. The accounting department handles the financial health and tracks the performance of any business directly. It is helpful for the management to take appropriate decisions.

When it comes to a hotel business, accounting is managing expenses and revenue. It provides a clear information to the guests thereby avoiding any unpleasant surprises to the guests. Let us know more about the accounts section of front office.

It is a systematic process in which the front office accounting staff identifies, records, measures, classifies, verifies, summarizes, interprets, organizes, and communicates financial information for a hotel business.

In the simplest form, a front office account resembles English alphabet ‘Block-T’.

In the domain of front office accounting, the charges are entered on the left side of the ‘T’. They increase the account balance. The payments are entered on the right side of the ‘T’. They decrease the account balance.

Where debit increases the outstanding balance and credit decreases it.

Most of the contemporary hotel businesses employ automated accounting system.

The objectives of accounting system are −

There are following typical accounts in hotel business dealing with customers −

Here are some prominent differences between a guest and a city account −

Some hotels allow the managers to entertain the guests’ queries or grievances, or any possibility of acquiring a business deal over a brief interaction with the guests. For example, if a guest has some problem about the hotel policy, the manager calls the guest for interaction over a coffee or a drink and tries to resolve the same. The expenses towards this interaction are then recorded on the management account.

A folio is a statement of all transaction that has taken place in a single account.

The front office staff records all the transactions between the guest and the hotel on the folio. The folio is opened with zero initial balance. The balance in the folio then increases or decreases depending upon the transactions. At the time of check-out, the folio balance must return to zero on settlement of payment.

There are following major types of folios −

The process of recording the entries on the folio is called ‘Posting’ of transactions. There are two basic types of postings −

Vouchers are detailed documentary evidences for a transaction. It transfers the transaction from its source to the front office. Vouchers are used to notify the front office about guest’s purchases or availing of any service at the hotel.

The following typical vouchers are used in the hotel −

Here are some typical vouchers.

The ledgers are a group of accounts. There are two ledgers the front office handles −

There are two other types of ledgers used in the hotel. Both types of ledgers are used by back office accounting section as given −

There are various issues regarding account settlement −

By Guest − The guest settles own account by cash/credit card/cheque.

By Organization − The organization settles guest account by transferring money to the hotel account.

There are following popular methods of account settlement −

Account Settlement in Local Currency − A guest can pay in terms of a local currency where the payment is not chargeable with conversion fees.

Account Settlement in Foreign Currency − If the guest prefers to pay in foreign currency, the service of payment by the bank is chargeable for around 3% to 6% of the total payable amount.

Account Settlement Using Traveler Check − Travelers’ cheques, the pre-printed cheques in the denominations of major world currencies are a good option to paying by cash.

Debit Card − Use of magnetic cards for payment against account is most common today. Paying by debit cards is as good as paying by cash as the amount of money is instantly transferred from the guest’s bank account into the hotel’s bank account.

In case of credit card settlement, the accounting staff mails the charge vouchers signed by guests to the credit card company; preferably within a specified time. The credit card company then settles the guest account by transferring money against it.

Credit Settlement by Organization − Many national, international, private, or public organizations send their employees or students for attending workshops, seminar, or meetings. Such organizations tie-up with the hotel for paying the bills of their employees on credit. The organizations reserve accommodations depending on the number of room nights (number of rooms × number of nights the representatives are expected to occupy). This is popularly known as account Settlement using Direct Billing.

In direct billing account settlement, the front office staff verifies guest folios and transfers the guest account to non-guest or city account. The hotel’s back-office accounting verifies the guest folios and is responsible to collect the direct billing amount from a direct billing agency such as embassy, university, or organizations.