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11.7. Rate Components

Are you using your Rate Components to simplify your back-of-house accounting?

Do you know that you can easily report on profit (and cost to company), if you've set up your rates thoroughly. If you aren't sure, perhaps you should speak to one of our Consultants to make sure you're getting as much as you can out of your Rates?


Rate Components

Rate components are used as building blocks in defining rates. Each rate must contain at least 1 component. It may be desirable to use multiple components in a rate definition in any of the following circumstances:






The name of the rate component


An abbreviation used in some screens and reports.

Separate on Invoice

Separate flag. Yes = show this component separately.

Separate on Proforma

Separate flag. Yes = show this component separately.


Flag indicating whether the component is currently in use.

Optional Components

Components which are not "Optional" are automatically included in the rate breakdown. You cannot easily exclude them. Also – the amount allocated to this Component is extrapolated from the rate. 
Components which are "Optional" must be consciously added to the booking – so are good for components which are not always added. Also – the amount allocated to this Component is added to the rate.


Default Optional Components

You can choose to have an Optional Component (i.e. which adds an amount to the rate) set as a Default, which means if you do always want to add it, you don't have to remember to add it. It is added by default – and increases your pppn rate amount by the amount of the component. (e.g. if you want to add Park Fees to every bednight booked, but do not include them in your published rates – it is better to add them here than as an Extra, which is easy to forget to add/amend). You have to de-select the Default Optional Components if you do not want to add them.




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