Siebel Hospitality Guide > Setting Up Property-Specific Menus and Packages > Creating Property-Specific Products >

Associating Prices With a Property-Specific Product


You can define prices for the current product for specified time periods. You can define multiple prices to cover different time periods.

NOTE:  It is recommended that every product that can be part of a menu or package be assigned its own price. Even if the price of the menu or package bears no direct relationship to the sum of the prices of individual items, Siebel Hospitality may use the individual item prices to calculate how revenues are allocated.

This task is a step in Process of Setting Up Menus and Packages.

To associate a price with a property-specific product

  1. In the lower part of the Property Administration screen, Event Order/Menu Items view, click the Price subview tab.
  2. On the Price list, add a new record and complete the necessary fields. Some fields are described in the table that follows.
    Field
    Comments

    List Price

    Price of this product for the specified time period.

    Start Date

    First day when the specified price applies to this product. Defaults to the current date.

    End Date

    Last day when the specified price applies to this product.

    Service Charge Inclusive

    Select to include the service charge in the specified List Price. Clear to specify that the specified List Price does not include a service charge.

    Tax Inclusive

    Select to include tax in the specified List Price. Clear to specify that the specified List Price does not include tax.

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