Minimum Charge Per Period sets the minimum value for the Base Rate on a Rate Table.
Overview
The Minimum Charge Per Period will prevent the Base Rate for a period where this Rate Table is used from being lower than the entered value.
Dynamic Pricing and Discounts will not reduce the Base Rate to a value lower than the Minimum Charge Per Period entered even if the calculation would otherwise equal a lower amount.
Users with the Security Profile option to allow overriding the Base Rate can set the Base Rate to a value lower than the value entered as the Minimum Charge Per Period.
Minimum Charge Per Period can be used for In House and RMS Booking Engine rates.
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 Charts > Rate Manager.
- Select 'Rates'.
- Select 'Rate Tables'.
- Select 'Add'.
- Enter a Description.
- Select a Rate Structure.
- Select a Format.
- Select a Based On.
- Enter the Person Base.
- Enter the Rate Amount.
- Enter the Minimum Charge Per Period.
Enter the Length of Stay Restrictions (Optional).
Select a Cancellation Policy (Optional). - Select 'Save/Exit'.
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