Path: From the Administration menu, select Financial, select Commission Management, and then select Commission Codes
Rules: A maximum of 8 characters are allowed for the Commission Code.
Prerequisites: None
Commissions calculated after the guest leaves the hotel are usually based on the room rate paid during the stay. In OPERA, commissions are driven by commission codes and the business rules associated with them. Commission codes contain information that describe when and how commissions will be calculated. Commission codes identify the transaction code on which a commission is due, the commission calculation method, when the commission should be generated, and the taxing method to be applied to the commission.
To add new commission codes:
Click New
Enter the Property, Code and a Description of the code. Enter a sequence number by entering it in the field, or using the plus and minus buttons.
Select a Hold Status: Always, Accounts Receivables, or Prepaid. This defines the status of the Commission once calculated.
Enter the reservation history records: Commission Paid per night or per stay, and the Amount, along with the method of payment which can be a flat amount or a percentage of the total paid.
Enter the commission calculation information: based on Reservation or Revenue, the Flat Amount and timeframe to calculate, and the tax percentage.
Click Save.
Parent topic: Financial Administration