Siebel Hospitality Guide > Setting Up Pricing and Property Pricing > Function Space Pricing Administration >

Defining a Profit Series and Percentages

The administrator or revenue manager can define a Profit Series that manages different profit percentages for different periods. The Profit Percentage that is applied to an opportunity depends on the arrival day specified in the opportunity. The profit series is applied to any opportunity that falls within the start and end date of the profit series. In cases where the profit series has overlapping dates, the last date entered takes precedence.

This task is a step in Process of Setting Up Pricing and Property Pricing.

To define a profit series with percentages

1. From the application-level menu, choose Navigate > Site Map > Property Pricing Admin.
2. In the Properties list, select the property and click the link in the Property Name field.
3. Click the Profit Series view tab.
4. In the Profit Series list, create a record.
5. In the new record enter a name, the start and end dates of the Profit Series, and a description.
6. With the Profit Series record selected, scroll to the Profit Percentage list, query for a Parent Category, and enter a value in the Profit Percentage field of the record.

   Repeat this step to add parent categories and percentages.