Configuring Multi Transaction Code Rate Codes

Prerequisites for Configuring Multi Transaction Code Rate Codes.

The multi-transaction code rate code feature supports the selection of different room revenue transaction codes for individual room types or room classes. The functionality might be useful, for example, in situations where your property is divided into business units, and the lodging revenue for each unit needs to be tracked separately.

Note:

You can use either room classes or room types to associate transaction codes to a specific rate code, but not both simultaneously. Lodging revenue generated on one reservation and routed to another room is posted to the transaction code linked to the room type or room class of the originating reservation and not that of the receiving reservation.

Adding Rate Code Multi Transaction Code Details

1. From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.

2. Enter search criteria then click Search.

3. Select the rate code in the search result then click vertical ellipsis Actions menu and select Edit.

4. Click Financials.

   1. Click Edit.

   2. Select either Room Type or Room Class.

      1. Transaction Code: Select an accommodation charge transaction code for each room class or room type listed

      2. Click OK.

   3. Click Save.

Editing Rate Code Multi Transaction Code Details

1. From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.

2. Enter search criteria then click Search.

3. Select the rate code in the search result then click vertical ellipsis Actions menu and select Edit.

4. Click Financials.

   1. Click Edit.

   2. Click Edit Details.

      1. Update transaction code selection for each room class or room type listed.

      2. Click OK.

   3. Click Save.