Editing Rate Code Definition
From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.
Enter search criteria and click Search.
From search results, select the rate code and click vertical ellipsis, select Edit.
On the Rate Code presentation page click the Rate Definition details link.
Property. Enter or select the property
Rate Code. Enter a code for the rate code (maximum 8 alpha-numeric characters). This code is displayed in Look to Book and the reservation stay details.
Start / End Sell Dates. Enter the date range during which you can make a booking for this rate code; this defines the date range the rate is displayed in Look to Book (not to be confused with the stay dates / pricing schedule dates)
Privileged Rate Code. Select to lock down the rate code and prevent other users from editing or deleting it. When this option is selected, all fields on the Rate Setup screen will be read-only to users without the PRIVILEGED RATES UPDATE task granted (Available when the Rate Ownership OPERA Control is active)
Privileged Rate Restriction. Select to lock down rate restrictions for this rate code and prevent other users from setting restrictions. Users without the PRIVILEGED RESTRICTIONS UPDATE task granted will not be able to edit or delete rate restrictions for this rate code. Rate codes with this check box selected will not be available for selection from the Rate Availability and will not be available for selection from the Rate Code Restrictions.
Protection Type. Select a value from the list. See Rate Code Protection
Description. Enter a name/description of the rate code. The description is displayed in Look to Book based on the Display Rate Description OPERA Control
Manage Translations. Click to add translation for rate description for when generating confirmation in the profile language
Room Types. Select one or more room types from the list. This field may already be populated if the Auto populate check box is selected in room type configuration. See Configuring Rooms
Rate Category. Select a rate category from the list. See Configuring Rate Categories
Market. Select a default market code for new reservations from the list. See Configuring Market Codes
Source. Select a default source code for new reservations from the list. See Configuring Source Codes
Display Set. Select a display set from the list. See Configuring Display Sets
Sequence. Enter a display sequence for the rate code
Click Save.
Parent topic: About Rate Codes