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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