Rate group
A Rate Group defines a guest classification for which a rate may be defined e.g. Adult, Child 12 – 17, Child <12, Tour guide.
Create a Rate Group
To create, edit or delete a Rate Group, navigate through Admin > Setup > Code tables > Financials > Rate Group.
| Field | Description | Notes |
|---|---|---|
| Description | Name of the Rate Group. | There are certain Rate Groups which have to appear on your Code Table and on your Rate: Adult Child Unit However you can exclude them from a specific rate by setting their Sequence to 0 in the Component Split screen of the rates setup. |
| Abbrv (Abbreviation) | The abbreviation is used on various system screens and reports. | |
| Class (Classification) | Each Rate Group must be classified as either ‘Adult’ or ‘Child’. | System reports use this field when compiling statistics on adult and child occupancies. |
Editing Rate Groups
Any changes will automatically be applied to every rate in the system which uses this Rate group.
Deleting Rate Groups
If the Rate Group is used by a rate already, it can’t be deleted and will be changed to inactive. The Rate Group will remain in the list and just have a ‘x’ mark in the inactive column. Any existing rates using an inactive Rate Group will still apply the old settings but the Rate Group cannot be selected in any future rates.
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