Billing Policy Type Creation Steps

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Overview

Create Billing Policy Types for your Permanent/Long Term reservations. This also allows you to create a specific Invoice Charge Label for the policy charge.

Prerequisites

  • Access to the Setup menu in the application.

Steps

  1. Click Setup from the Menu Bar.
    - Expand Admin/Accounting and select 3. Billing Policy Type.
    - Alternatively, click on a Menu button, click on the Setup tab, and select Billing Policy Type Setup.
  2. Click Add.
  3. Enter the following details:
    - Label: Name of the Billing Policy Type (e.g., Weekly Rent).
    - Policy Type: Select the required type (Property, Owner, or Other).
  • Property: Used for Periodic Billing Rental policies.
  • Owner: Used for Owner Revenue Share policies.
  • Other: Used for miscellaneous policies (e.g., Meter charges to AR Accounts).
  • Member Type: Available to fill in if required for Other policy types.
  • Default Invoice Label: Enter a label (e.g., Rent). This will display against all charges processed for the policy type.
  • Destination Account Type: Select Acct Receivable or Reservation.
  • Acct Receivable: Sends charges to the policy's selected AR Account.
  • Reservation: Sends charges to the policy's selected Reservation. When selected, the Force Rez on Policy? flag will automatically enable.
  1. Enter a Change Control comment and press Submit.

Once created, the Billing Policy Type will be available for selection when creating a Billing Policy for a guest/business/owner.

Troubleshooting

For additional help, click here to view the help document.