Bond Fees

Bond Fees

Purpose

Rental Car Manager handles the bond amounts held by offering a "Bond"  extra fee type.  This requires you to create an extra fee for both the Bond and the Bond Refund.
Using the bond type for an extra fee also allows tracking of bonds that have been refunded and bonds that are currently on hold. 

Note: Any fees that have been created as a Bond fee will not be used when determining the booking total for Percentage Fee on Total fees.

Accessing Extra Fees - To Make a Bond Fee

To add a bond fee first open the Extra Fees tab, which can be found under the System Setup menu.
System Setup > Extra Fees


Adding a Bond Fee

To add a Bond Fee, from the Extra Fees page click “Add Extra Fees”.

This will open the New Extra Fees page where you can create a new Bond Fee. Make sure you set the "Type" on the drop down box to "Fixed" and select the "Bond" field to "Yes".
Just like creating any other extra fee, the mandatory fields are marked with a "*" and must be entered before the fee can be saved by clicking on "Submit".


Once you’ve created the bond fee, repeat the process for a bond refund fee, this is done by setting the fee equal to the negative value of the bond fee.




Applying a Bond Fee

The Bond Fee can be applied from the Booking Fees page when creating or updating a reservation.


To refund the bond, open the Booking Fees page on the reservation where a bond fee has been applied, and select the bond refund fee.

There are also bond reports available that show any refunded bonds and any bonds that are currently on hold:
  1. Bond Refund Report
  2. Bond On hold Report


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