1. User Guide
  2. Administration
  3. Financial Administration
  4. Rate Management
  5. About Rate Codes
  6. Advanced Dynamic Base Rates

Advanced Dynamic Base Rates

Prerequisites for Advanced Dynamic Base Rates

Overview

The Advanced Dynamic Base Rate enables you to create a rate derived from another rate (a Base Rate) or derived from both a Base Rate and a BAR Based rate. This rate structure provides flexibility by enabling you to configure the rate as either a flat amount or a percentage. In addition, you can choose to apply the BAR rate amount to the Advanced Dynamic Rate calculation and you can optionally select a rounding method. Advanced Dynamic Base Rate also offers the ability to compare the rate configuration details with other Base Rate amounts.

Example 13-3 Example 1

  • ADBR (Advanced Dynamic Base rate) = to be determined

  • BASE1 (BASE rate) = $100.00

  • BAR1 (BAR rate) = $80.00

Rate configuration for ADBR with only Apply Bar selected:

Table 13-12 Rate Code Setup

Base Amount BAR Base Amount Apply BAR Compare with Rate Details

$10.00 (Flat)

10%

Yes

No

Table 13-13 Look To Book Rate Availability Result

Rate Code Nights Adults Amount

ADBR

1

1

$88.00
The BAR (BAR1) rate amount (with 10% added) was returned for the ADBR rate amount.
Rate configuration for ADBR with both Apply BAR and Compare with Rate Details options selected:

Table 13-14 Rate Code Setup

Base Amount BAR Base Amount Apply BAR Compare with Rate Details

$10.00 (Flat)

10%

Yes

Yes

Table 13-15 Look To Book Rate Availability Result

Rate Code Nights Adults Amount

ADBR

1

1

$88.00
The lower of the two rate amounts (between the BASE1 and BAR1) was returned for the ADBR rate code.

Example 13-4 Example 2

  • ADBR (Advanced Dynamic Base rate) = to be determined

  • BASE1 (BASE rate) = $50.00

  • BAR1 (BAR rate) = $80.00

Rate configuration for ADBR with both Apply BAR and Compare with Rate Details options selected:

Table 13-16 Rate Code Setup

Base Amount BAR Base Amount Apply BAR Compare with Rate Details

$10.00 (Flat)

10%

Yes

Yes

Table 13-17 Look To Book Rate Availability Result

Rate Code Nights Adults Amount

ADBR

1

1

$60.00
The BASE (BASE1) rate amount (with $10.00 added) was returned for the ADBR rate amount. This was the lower of the two rate amounts (between the BASE1 and BAR1).
Rate configuration for ADBR with only Apply BAR selected:

Table 13-18 Rate Code Setup

Base Amount BAR Base Amount Apply BAR Compare with Rate Details

$10.00 (Flat)

10%

Yes

No

Table 13-19 Look To Book Rate Availability Result

Rate Code Nights Adults Amount

ADBR

1

1

$88.00
The BAR (BAR1) rate amount with 10% added was returned for the ADBR rate amount.

Parent topic: About Rate Codes