Configuring Revenue Type Mapping

Use Revenue Type Mapping to associate a revenue type with a transaction code. You can also include event types and a location space in the mapping.

1. From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
2. Click New.
3. Select a Property.
4. Select a Revenue Type from a list of events such as food, beverage, audio/visual equipment, and so on.
5. Select a Transaction Code from a list of configured event transaction codes.
6. Add the following optional information:
   1. Select an Event Type from a list of pre-configured events such as Wedding Dinner, Coffee Break, Breakfast, and so on.
      Taking the Mapping down to the event type level enables the hotel to break out the revenue on a transaction code level by event type. For example, you can have a transaction code for Banquet Breakfast and a separate code for Banquet Lunch.
   2. Select a Space from a list of configured function spaces at the property.
      While not mandatory, this mapping might be valuable. For example, if the event takes place in a restaurant space, the hotel may want to charge the revenue to a different transaction code/revenue center.
   3. Select a Catering Only radio button indicating Yes, No, or Both.
      Selecting Yes maps the revenue type to a catering only block. If Catering Only is selected, the revenue postings can go to a different set of transaction codes.
   4. Enter a Percentage to apply a service charge as a percentage of the charges and select a Calculation Method to apply the service charge percentage to either Net or Gross charges.
      If the transaction code already has service charge configured, it's not required here. Adding it in both places will cause a duplicate service charge on the posting.
7. Click Save to return to the Search screen.
8. Click Save and Continue to create another Revenue Type Mapping.