Support Home Property Management System Tools Recalculate Future Rates

Recalculate Future Rates

Recalculate rates on all future reservations after rate or tax setup changes in RMS.

Steps Required

Have your System Administrator complete the following.

Go to Tools > Recalculate Future Rates in RMS.
Enter the Daily Password and select 'Ok'.
Select the Future Arrive Date.
Select the required Rate Type.
Select the required Category and/or Area.
Optional: Select the checkbox 'Post Rate on Account'.
Optional: Select the checkbox 'Update First Deposit Amount'.
Select 'Apply'.
Select 'Yes' to confirm.

Info

Contact RMS Support to obtain the required Daily Password.

This utility will recalculate and update the Quoted Rate to the new value based on current Rate & Tax Setup on all future reservations with the selected Rate Type and an Arrival Date greater than or equal to the date selected if the Reservation Status is Unconfirmed, Confirmed or Quote.

Reservations within the selected criteria where the Accommodation Charges have been created on the account will have these charges Voided and then Recreated at the new value.

Reservations within the selected criteria where a Tax Invoice has been created against the Accommodation Charges will not have the rate recreated at a new value.

Visual Guide

Go to Tools > Recalculate Future Rates in RMS.

Enter the Daily Password and select 'Ok'.

Select the Future Arrive Date.

Select the required Rate Type.

Select the required Category and/or Area.

Optional: Select the checkbox 'Post Rate on Account'.

Optional: Select the checkbox 'Update First Deposit Amount'.

Select 'Apply'.

Select 'Yes' to confirm.

All reservations within the selected criteria where the Reservation Status is Unconfirmed, Confirmed or Quote will have the Quoted Rate recalculated to use the current rate and tax setup.

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