Down Payment / Balance
The following will show how to set the down-payment amounts and the length before arrival the balance for booking will be due.
To access the Down Payment / Balance screen, click:
- Reservations & Quoting
- Quote Settings
- Down Payment / Balance
Down-Payment
When selecting how you would like to charge for the down payment, four options are available:
1. Fixed down-payment per booking:
Enter the amount to charge as a down-payment if you would like to charge one fixed rate.
2. Specific Amount Per Week/Part of Week:
Select how much you would like to charge as a down-payment per week booked; for example, if you entered $100 and the property was booked for four weeks, then the down-payment would be charged at $400).
3. Percentage of Quoted Price
Select a percentage you would like to charge for the entire booking; for example, if the reservation is for $1000 and you chose a 20% deposit, the down-payment would be $200
4. The First Night's Rent
Balance Due
In the balance due section, select the number of weeks prior to arrival that the balance for a booking would be due. When the value is set to 0, the entire balance will be due at the time that the reservation is made.