Prerequisites for Financials

This chapter of the OPERA Cloud User Guide lists the prerequisites for Financials menu.

• Prerequisites for Accounts Receivables
  
• Prerequisites for Accounts Receivables Fixed Charges
  
• Prerequisites for Accounts Receivable Traces
  
• Prerequisites for Viewing and Managing Invoice Details
  
• Prerequisites for Comp AR Accounts
  
• Prerequisites for Credit Bills for Folios
  
• Prerequisites for Debit Bills for Folios
  
• Prerequisites for Generating a ProForma Folio
  
• Prerequisites for Redeem Prepaid (Gift) Cards
  
• Prerequisites for Posting a Comp Redemption
  
• Prerequisites for Adjusting Custom Charges
  
• Prerequisites for Posting Service Recovery Adjustment Charges
  
• Prerequisites for Void Folios
  
• Prerequisites for Managing Package Allowances and Charges
  
• Prerequisites for Managing Prepaid (Gift) Cards
  
• Prerequisites for Auto Folio Settlement
  
• Prerequisites for Currency Exchange
  
• Prerequisites for Managing Global Membership Exchange Rates
  
• Prerequisites for Charging Purchases Using Post It
  
• Prerequisites for Sending Fiscal Commands
  
• Prerequisites for Sending Failed Fiscal Payloads
  
• Prerequisite for Managing Commissions
  
• Prerequisites for Internal Charge Numbers
  
• Prerequisites for Comp Accounting
  
• Prerequisites for Comp Posting Journal
  
• Prerequisites for Comp Requests
  
• Prerequisites for Player Snapshot
  
• Prerequisites for Player Statistics
  
• Prerequisites for Working with Comp Windows
  
• Prerequisites for Settling and Printing Comp Folios
  
• Prerequisites for Income Audit
  
• Prerequisites for End of Day
  
• Prerequisites for Pre-Stay Charging
  
• Prerequisites for Adjusting Daily Covers
  

Prerequisites for Accounts Receivables

OPERA Controls

Group: Cashiering

Functions: Accounts Receivables

• Finance Charges

1. Parameters: Invoice Finalize Date

   1. Charges Transfer

   2. Create Invoices with Negative Amounts

   3. Mark Invoices as Printed.

   4. Payment Due Days

   5. Statement Numbering

OPERA Cloud Tasks

Group: Financials

Table 6-1 Manage Accounts Receivables Account Setup

Manage Accounts Receivables	Account Setup	New/Edit Setup Delete Setup
	Account Setup	New/Edit Setup Delete Setup
	Aging	N/A
	Fixed Charges	New/Edit Fixed Charges Delete Fixed Charges
	Future And Past Stay	N/A
	Notes	New/Edit Notes Delete Notes
	Reminders	N/A
	Statements	N/A
	Invoices	Manage Invoices
	Year View	N/A
	Override Credit Limit	N/A

Prerequisites for Accounts Receivables Fixed Charges

OPERA Controls

Group: Accounts Receivables

Functions: Fixed Charges

OPERA Cloud Tasks

Group: Bookings

Reservation Management: Fixed Charges

• New/Edit Fixed Charges

• Delete Fixed Charges

Prerequisites for Accounts Receivable Traces

OPERA Controls

Group: Accounts Receivables

Functions: Traces

OPERA Cloud Tasks

Group: Financials

Manage Accounts Receivables: Traces

• New/Edit Traces

• Delete Traces

Prerequisites for Viewing and Managing Invoice Details

OPERA Controls

Group: Account Receivables

Parameters: No Modify Invoice

Group: Cashiering

Parameters: Folio No Reprint

Prerequisites for Comp AR Accounts

License/Subscription

Oracle Hospitality OPERA Cloud Service, Casino and Gaming Management Add-on

Or

Oracle Hospitality OPERA Cloud Service Casino and Gaming Management

OPERA Controls

Group: Comp Accounting

Settings: Authorizer AR Type

Prerequisites for Credit Bills for Folios

OPERA Controls

Group: Cashiering

Function: Credit Bills

Parameter:

• Credit Bills can only be created from Folio History

• Allow Credit Bill for Credit Bill Folios

• Check for Credit Bill Folio on Settlement

• No Credit Bill on Conversion Folio Types

Setting:

• Same Day Credit Bills

• Maximum Credit Days For Individuals

• Maximum Credit Days For Non-Individuals

Prerequisites for Debit Bills for Folios

OPERA Controls

Group: Cashiering

Parameters: Debit Folios

Prerequisites for Generating a ProForma Folio

OPERA Controls

Group: Cashiering

Parameters: Generate Proforma Invoice

Prerequisites for Redeem Prepaid (Gift) Cards

License / Subscriptions

Stored Value System (SVS) - Oracle Hospitality OPERA Property Level Interface Cloud Service

OPERA Controls

• Group: Cashiering

• Parameters: Prepaid Cards

  • Prepaid Multi Record Processing

OPERA Cloud Tasks

Group: Financials

Tasks: Manage Financial Postings

• Reverse Redemption 

Prerequisites for Posting a Comp Redemption

OPERA Controls

Group: Comp Accounting

Settings: Default PTS Membership Type

OPERA Cloud Tasks

Tasks required for posting a comp redemption:

Group: Financials

Tasks: Manage Financial Postings

• Reverse Redemption

Prerequisites for Adjusting Custom Charges

OPERA Controls

Group: Cashiering

Parameters: Custom Charges

OPERA Cloud Tasks

Group: Financials

Tasks: Manage Financial Postings

• Adjust Custom Charges

Prerequisites for Posting Service Recovery Adjustment Charges

OPERA Controls

Group: Cashiering

Parameters: Service Recovery Adjustment

OPERA Cloud Tasks

Group: Financials

Tasks: Manage Financial Postings

• Post Service Recovery Adjustment

Prerequisites for Void Folios

OPERA Controls

Group: Cashiering

Parameters: Void Folios

OPERA Cloud Tasks

Group: Financials

Tasks: Void Folio

Prerequisites for Managing Package Allowances and Charges

OPERA Controls

Group: Rate Management

Functions: Advanced Packages

Prerequisites for Managing Prepaid (Gift) Cards

License / Subscriptions

Stored Value System (SVS)- Oracle Hospitality OPERA Property Level Interface Cloud Service

OPERA Controls

Group: Cashiering

Parameter: Prepaid Cards

Setting: Prepaid Card Purchase Transaction Code

OPERA Cloud Tasks

Financials

Tasks:

Cashiering Workspace

• Prepaid Cards

  • Manage Prepaid Cards

• Manage Financial Postings

• Reverse Redemption

Prerequisites for Auto Folio Settlement

OPERA Controls

Group: Cashiering

Functions: Auto Settlement Rules (Auto Folio Settlement)

Parameters:

• Prompt Payment Screen for Auto Folio Settlements

• Auto Settlement to be performed during End of Day

  • End of Day Auto Folio Settlement Types

  • Billing Windows to Process during End of Day

• Transfer Charges to Window 8 (EOD Settlement)

• Default Auto Settlement on Reservation

  • Auto Folio Settlement Preference
  • Default Folio Style
  • Payment Method
  • Settle Every X Days since last auto settlement days

Settings:

• Address Check for Folio Generation

• Address Check Payment Methods

OPERA Cloud Tasks

Group: Financials

• (Generate) Batch Folios

Prerequisites for Currency Exchange

OPERA Controls

Group: Cashiering

Functions: Foreign Currency Codes

Parameters: Sell Currency

OPERA Cloud Tasks

Group: Financials

Cashiering Workspace

• Currency Exchange Calculator

• Currency Exchange Rates

  • Manage Currency Exchange Rates

  • Delete Past Exchange Rates

Prerequisites for Managing Global Membership Exchange Rates

Licenses / Subscriptions

Oracle Hospitality OPERA Cloud Service, Loyalty

OPERA Controls

Group: Cashiering

Function: Foreign Currency Codes

OPERA Cloud Tasks

Group: Cashiering

Tasks: Cashiering Workspace

• Manage Membership Global Exchange Rates

• Delete Past Membership Global Exchange Rates

Prerequisites for Charging Purchases Using Post It

OPERA Controls

Functions:

• Post It

• Articles

Parameters: Post Covers

OPERA Cloud Tasks

Group: Financials

Tasks: Cashiering Workspace

• Post It

• Fast Postings

• Post a Negative Post It Article

• Charge to Room (Post It)

• Post Covers

Prerequisites for Sending Fiscal Commands

OPERA Controls

Group: Cashiering

Parameters: Fiscal Folio Printing

Settings: Fiscal Commands

OPERA Cloud Tasks

Group: Financials

• Cashiering Workspace

• Send Fiscal Commands

Prerequisites for Sending Failed Fiscal Payloads

Integrations

OFIS

OPERA Controls

Group: Cashiering

Function: Fiscal Folio Printing

OPERA Cloud Tasks

Group: Financials

Tasks: Fiscal Payloads

Prerequisite for Managing Commissions

OPERA Controls

Group: Commission

Function: Commission Handling

Parameters: Automatic Calculation of Value Added Tax Over the Commission Paid

• Send Zero Commission Records to Payment Processing

• Transfer No Shows and Cancels

Setting: EFT Export Type

OPERA Cloud Tasks

Group: Financials

Tasks: Manage Commissions

• Attach/Detach Reservations

• Hold Release Payment

• Payment Activity

  • Manage Checks

  • Discard Checks

  • Reprint Checks

• Reservation Search

Prerequisites for Internal Charge Numbers

OPERA Controls

Group: Reservations

Parameter: Create Internal Charge Number

Prerequisites for Comp Accounting

Licenses / Subscriptions

Oracle Hospitality OPERA Cloud Service Casino and Gaming Management

Prerequisites for Comp Posting Journal

Licenses / Subscriptions

Oracle Hospitality OPERA Cloud Service, Casino and Gaming Management Add-on

OPERA Controls

Group: Comp Accounting

Parameters:

• Comp Transaction Status

• Comp Accounting Integration Service

OPERA Cloud Tasks

Group : Financials

Comp Accounting Workspace:

• Comp Posting Journal

• Update Approval Status

Prerequisites for Comp Requests

OPERA Controls

Group: Comp Accounting

Functions: Comp Request

OPERA Cloud Tasks

Group: Bookings

Reservation Management

• Decline Comp Requests

• Delete Comp Requests

• Approve Comp Requests

Prerequisites for Player Snapshot

Licenses / Subscriptions

Oracle Hospitality OPERA Cloud Service, Casino and Gaming Management Add-on

OPERA Controls

Group: Comp Accounting

Settings: Default PTS Membership Type

OPERA Cloud Tasks

Group: Financials

Comp Accounting Workspace: Player Snapshot

Prerequisites for Player Statistics

OPERA Controls

Group: Comp Accounting

Parameters: Player Statistics

Functions: Comp Request

OPERA Cloud Tasks

Group: Financial

Tasks: Player Statistics

Prerequisites for Working with Comp Windows

OPERA Cloud Tasks

Group: Financials

Comp Accounting Workspace:

• Access Comp Windows

• Edit Price Quantity Comp No Approval

• Edit Price Quantity Comp With Approval

• Transfer Posting Comp No Approval

Prerequisites for Settling and Printing Comp Folios

OPERA Controls

Group: Comp Accounting

Settings: Print Comp Folio

Functions: Auto Settle Comp Folio

Prerequisites for Income Audit

OPERA Controls

Group: End of Day

Functions: Income Audit 

Parameters: Income Audit Cashier Setting

OPERA Cloud Tasks

Tasks: Manage Income Audit

Prerequisites for End of Day

OPERA Cloud Tasks

Group: Financials

Tasks: End Of Day

• Manage End Of Day

• Override Mandatory Check In of Pseudo Rooms

• End of Day Reports

• Automatic Cashier Closure

Prerequisites for Pre-Stay Charging

OPERA Controls

Group: Cashiering

Function: Pre Stay Charges

Setting:

Prerequisites for Adjusting Daily Covers

OPERA Controls

Group: Cashiering

Function: Post Covers

OPERA Cloud Tasks

• Group: Financials

• Tasks: Covers

  • Edit Covers