FORECAST ROTATION POINTS - When active, Rotation will be calculated as of a specific day (taking into account reservations that may not yet be checked in), versus being calculated based upon actual stays.
REVENUE POOLING - Activate Revenue Pooling. Revenue Pooling functionality allows for the collection of revenue into a pool account(s) which are then distributed to participating owners at the end of the period.
TRANSFER OWNER - Transfers reservation charges to the owner account.
Parameters
ADD AUTH USER ON THE FLY - When creating a rental reservation for an owner room/unit, prompt to add this user to the authorized users list on contract.
ADVANCED ROTATION RULES - When activated, additional column for configuring Rotation Points based on Rate Code will be available in Rotation Setup screen.
COMPONENT ROOMS ROTATION POINTS - When this parameter is active, it calculates rotation points for all component rooms when Component Room Suite is rented and is adding rotation points to Component Room Suite when component room is rented.
CONTRACT SPECIFIC OWNER ACCOUNTS - When this parameter is active, Owner profiles will be allowed to have multiple AR accounts, so an owner with multiple units may have a different account for each. The same account on two different contracts is not allowed.
EFFECTIVE DATE - Using Effective Date to allocate postings to a specific Date Range in Owner Statements.
EXPIRE AUTH USERS CREATED ON THE FLY - This parameter causes Authorized Users created 'on the fly' to be deleted during the night audit if their reservation has been checked out.
EXPIRY DATES - Ability to access and configure expiry dates on contract.
FORECAST FIXED LENGTH - When this parameter is active, then forecast rotation points a fixed number of days in the future beyond period end date - defined by setting 'FORECAST ROTATION X DAYS IN FUTURE'.
HOLD AR REVENUE - If this parameter is active, Owner revenue from reservations having direct bill to AR will be marked as Hold.
OOO/OOS ROTATION POINTS - When this Parameter is active, the property will be able to define a multiplier in order for OOO/OOS rooms to accumulate Rotation Points.
OVOS PROPERTY - This parameter indicates to ORS that the property has Opera Vacation Ownership installed. Turn on this parameter only if Opera Vacation Ownership license is active at the property and Opera PMS communicates with Opera ORS via OXI-HUB Interface. Incorrect value set to this parameter could create mismatch in inventory between Opera PMS and Opera ORS.
OWNER CASHBOOK - If this parameter is turned on, users have the option to generate a owner cashbook.
OWNER PASSWORD - The password for creating a new owner reservation.
RECIPROCAL OWNER - Allows an owner to make a reservation in a rentable unit other than his own. In such a case, any revenue generated from his actual unit during the period he is staying in another owner's unit is transferred to the owner of the unit he is staying in.
REFERRAL RESERVATIONS - When activated a reservation with a Unit assigned can be indicated as a Referral Reservation. Also rotation point rules can be setup for Referral reservations different than normal Rental/ Owner reservations.
RESTRICT NEGOTIATED UNITS - When this parameter when active, Opera prevents reservations for units with a 'Negotiating' status.
RESTRICT ROOMS WITHOUT A CONTRACT - Do not allow reservations for units without a contract.
SPECIAL OWNER REVENUE HANDLING - When active, Owner Account Transactions View will contain additional filters and validations to only allow invoice creation based on the following groups: negative transactions, positive transactions, and Owner Revenue transactions.
UNIT COMPLIMENTARY NIGHTS VALIDATION - When activated, units associated with contracts having insufficient complimentary nights available based on the Comp Nights reservation restriction will not be included in the Available Room Search and Room Assignment screens and cannot be assigned to a reservation.
UNIT GRADE - When this parameter is active, a Grade can be associated with rooms that are marked as "Can Be Unit". A Grade associated with a unit will be used to determine the room display order in the Room Assignment and Room Plan screens in conjunction with the setting in the Room Order Preference for Units application setting.
EXPORT FEE TRN CODE - This parameter indicates the transaction code(s) that are used within Opera to record the FFE fee. Only those postings against the transaction code(s) defined in this application setting will be included in the FFE fee Export.