How to setup a Deposit rule on a Derived Rate Type in RMS.

Overview

A Derived Rate can be used to simplify rate management by creating a single standalone Rate Type or using Multiple Best Available Rates and creating all additional rates as Derived Rates based off this standalone rate or another Derived Rate.

A Derived Rate will not inherit any restrictions set in the Control Panel on the selected Master Rate Type. Only restrictions applied to the Derived Rate directly will apply.

Deposit rules can be setup on a Rate Type to apply anytime that Rate Type is used.

Deposits can be setup on a Rate Type, Derived Rate Type, Rate Type Property Rules, and Rate Tables in addition to the Online Deposit rules used by the RMS Booking Engine.

Hierarchy

The deposit rule used on a reservation is determined by where the deposit rules are configured on the Rate setup and whether the Rate Type is using its own deposit rules, using the following hierarchy:

Reservation

If a reservation already has a deposit saved (for example, it was calculated earlier and stored on the booking), RMS will use that amount and will not recalculate the deposit from the rate setup.

Mixed Rate Reservations

• On Mixed Rate reservations, RMS compares the deposit amounts from the applicable Rate Types in the hierarchy above and applies the highest deposit value.

• A deposit rule set on a Derived Rate Type only applies if no deposit rule is set on:

  • the Rate Type used on the reservation, or

  • The Derived From Rate Type is linked to that Derived Rate Type.^'

Guide

In the side menu of RMS, go to Charts > Rate Manager.

1. Select 'Rates',
2. Select 'Rate Types'.
   
    
3. Navigate to the 'Derived Rate' tab.
4. Select an existing Derived Rate Type.
5. Select 'Edit'.
   
    
6. Navigate to the 'Deposits' tab.
7. Select the checkbox 'Use Deposit'.
8. Select the When to Activate option.
9. Enter the Amount to Charge.
10. Select the Deposit Due rules.
11. Select 'Save/Exit'.