Purpose
RCM allows you to create rates to apply to bookings that span weeks or months.
- If Weekly/Monthly rate structures are setup, you are able to specify on each booking whether to apply a daily, weekly or monthly rate.
- The daily rate for any days which do not make up an entire week/calendar month will be calculated by dividing the weekly/monthly rate by the number of days in the week/month in question.
- The only discount that will b applied to monthly rates will be percentage discounts.
To use Weekly and Monthly rates you first need to setup the rate structures, then the rates.
Creating Weekly/Monthly Rates
System Setup > Rates > Weekly/Monthly Rate tab
Any existing Rates for Locations will appear in the list. Click on 'Add Rate' to add any additional Location rates.
Applying Monthly/Weekly Rates
When you create a booking, you are able to select the Rate Type from the list on the Booking Details tab.
Note that this field will only appear if you have the Monthly/Weekly rates setup.
When a Monthly or Weekly rate has been selected, the Booking Fees tab will appear as below.
Any additional days ( outside of the week/month period) will appear on a separate line and the rate ( in this example) will be the monthly rate divided by the number of days in the month.