Auto Folio Settlement Impact

Activating the Auto Folio Settlement functionality with its related controls and tasks impacts the following features.

Reservations:

  • Booking Reservations — Adds an Auto Settle Only check box to the Reservation Selection screen. This can be selected by default, depending on settings in OPERA Controls.

  • Managing Reservations — Adds an Auto Settle check box in the Payment Instructions screen.

Financials — Batch Folios:

  • Adds an Auto Folio Settlement check box to the Folio Options screen, enabling you to select a batch folios option for folios set for automatic settlement by type, days on reservation, date since last automatic settlement, or days since last automatic settlement.

  • Adds a payment method on the Billing Options screen multi-selection field, options include credit balance and to print folio, windows to settle selector, and windows to transfer to window 8 selector.

  • Adds an Auto Folio Settlement Summary page that confirms all reservations selected for automatic settlement and shows a status for each. A red x indicates that no folio windows were found to process.

Night Audit — Night Audit Process:
  • The process can include Auto Folio Settlement as an option.

Reports — Auto Settlement Transaction Report (auto_settlement):
  • Adds a new financial group report that prints a status summary of the automatic settlement process.