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Set up a category bond

How to setup a Category to automatically create a Bond Charge on the reservation account in RMS.

 

Overview

A Category Bond will automatically apply the selected Refundable Charge to the Reservation Account for Reservations made in that Category.

Refundable Charges are a type of Sundry Charge that can be used to hold bonds or deposits that can be returned to the guest.

Refundable Charges can be used for any bond or deposit that will be returned or used to pay for damages, including Key Deposits, Rental Bonds, Equipment Hire Deposits and more.

Refundable Charges are different to monetary deposits taken to secure a booking as they are held with the intention to be returned later.

✎ 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.

 

 

Guide

In the side menu of RMS, go to Setup > Category/Area.

  1. Select 'Edit' on an existing Category.
    RMS Category/Area list displaying multiple Categories with one Category highlighted and the Edit option selected to open its configuration.
     
  2. Navigate to the 'Bonds' tab.
  3. Select a Refundable Charge as the Bond Charge.
  4. Enter the Number of Nights Base Rate.
  5. Select the Reservation Account Type.
  6. Select 'Save/Exit'.
    RMS Category setup window on the Bonds tab showing a Refundable Charge selected as the Bond Charge, a Number of Nights Base Rate value entered, a Reservation Account Type chosen, and the Save/Exit button highlighted to apply automatic bond charging for this Category.

 

 

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