Configuring Revenue Type Mapping

Revenue Type Mapping configuration is used when generating the proforma invoice and in Event Posting.

When generating the proforma invoice, the revenue type mapping enables the calculation of postings (including tax generates) configured in the mapping and on the actual transaction code, which provides a more accurate estimate of charges.

In Event Posting, the revenue type mapping determines which transaction codes are used based on the event type, space, catering only value, and revenue type.

Adding Revenue Type Mapping

From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
Click New and complete the following:
1. Property. Enter or select the property.
2. Revenue Type. Select a revenue type from a list of types such as food, beverage, audio/visual equipment, and so on.
3. Transaction Code. Select a transaction code from a list of configured event transaction codes. Only transaction codes configured for Manual Posting are available.
4. Event Type. Select an event type from the list. Taking the revenue type 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.
5. Space. 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 might want to charge the revenue to a different transaction code or revenue center.
6. Catering Only. Select a suitable option:
  1. Yes. Indicates a catering-only revenue type cross reference (cross reference applies when Catering Only is selected on the business block).
  2. No. Indicates a revenue type cross reference that is not catering-only (cross reference applies when Catering Only is not selected on the business block).
  3. Both. Indicates the revenue cross reference is applicable to both types of business blocks.
7. Service Charge Details. If the transaction code already has a service charge configured as a generate, service charge details are not required here. Adding it in both places causes a duplicate service charge on the posting.
  1. Percentage. Enter a percentage to apply a service charge as a percentage of the charges.
  2. Transaction Code. Select a service charge transaction code from the list.
  3. Calculation Method. Select Net to calculate the service charge on the net charge. Select Gross to calculate the service charge on the gross charge.
8. Click Save or click Save and Continue to add another Revenue Type Mapping.

Editing Revenue Type Mapping

From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
Enter search criteria and click Search.
From your search results, select the revenue type mapping, click the vertical ellipsis, and select Edit.
Update the configuration.
Click Save.

Deleting Revenue Type Mapping

From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
Enter search criteria and click Search.
From your search results, select the revenue type mapping, click the vertical ellipsis, and select Delete.
Click Delete to confirm.

Viewing Transaction Codes

From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
Enter search criteria and click Search.
From your search results, select the revenue type mapping, click the vertical ellipsis, and select View Transaction Code.
See Adding Transaction Codes.

Viewing Service Charge Transaction Codes

From the Administration menu, select Financial, select Transaction Management, and select Revenue Type Mapping.
Enter search criteria and click Search.
From your search results, select the revenue type mapping, click the vertical ellipsis, and select View Service Charge Transaction Code.
See Adding Transaction Codes