How to activate the Projected Balance function for reservations.
Information
Show Projected Balance is an Accounting Option that is a projection of the Reservation Account Balance on the Reservation Screen and the In/Out Movements screen.
The projected balance includes:
- Total Rate
- Requirements
- Add Ons
- Transfers
- Discounts
And it also includes any additional transactions posted to the account, like:
- Receipts
- Credit Notes
- Sundry Charges
★ Tip: The Projected Balance will match the Proforma Tax Invoice.
✎ Please Note: RMS is highly configurable. Some Terminology, User Access & Permissions, Images, Labels, and Functions used in these articles may differ from your setup. CLICK HERE to find out more.
Enabling Projected Balance
1. Go to Setup > Accounting > Accounting Options.
2. Select a Property.
3. Navigate to the 'Account Screen' menu.
4. Select the 'Show Projected Balance' checkbox.
5. Save/Exit.
⚠ Important: Log out of RMS for the change to be reflected.
6. The Projected Balance is displayed in brackets next to the current Account Balance on each Account Type.
★ Tip: Projected Balance can be used to default the Receipt Amount on the Guest Portal to receive payment prior to any of the charges being created on the Reservation Account.
Comments
0 comments
Please sign in to leave a comment.