Financial Code Tables      
 
  Rate type code table  
   
 
   Label  Description  Length
   Overview
  • Multiple rate types with the same currency can be setup for an accommodation unit *1. This means a system administrator can setup a 'USD Agent Rate' or a 'USD Public Rate'. Different rate types can be allocated to agents and public users *2, each rate type can be setup with different commissions and or components which means that the user can create a quotation in a rate type allocated to them
  • From the availability calendar the user can select their preferred Rate type by clicking the 'Rate Type' drop down. The quotation and reservation will be developed in the selected rate type
*1 For information on setting up accommodation rates, see the Property-Rates module
*2 For information on allocating agent and public rate types, see the Agent role in the Contacts module (to allocate Rate Types to an Agent) and the Default table (to allocate Rate Types to public users)

 
    Users can select a preferred rate type from the calendar
   Rate type description
  • A descriptive name describing the recorded rate type
  • Duplicate names are not allowed
 50 characters
   Currency
  • Currency linked to the Rate type description, Records displayed here are linked to the Currency code table
 
   Rate type note
  • A free-format note detailing a rate type explanation
 Unlimited