Enter inclusive prices in Setup
Administrators can enter inclusive prices in Setup for everything your property offers for events. If needed, users can modify these prices for a particular event. The exclusive price is adjusted based on the new inclusive price you enter. Likewise, if users modify the exclusive price, the inclusive price is recalculated.
As you work with each record, make sure the Inclusive checkbox is selected to indicate that the price you entered is inclusive of tax. You can also indicate that the price includes an admin charge, gratuity, or both. To do so, select the Include Admin Charge in Inclusive Price and Include Gratuity in Inclusive Price checkboxes on the appropriate revenue classifications.
The following table describes each of these checkboxes in Setup.
| Checkbox |
Description |
|---|---|
| Inclusive | When this checkbox is selected, the unit price includes taxes and the following occurs:
When this checkbox is cleared, the unit price excludes taxes and the following occurs:
Flat rate occupancy tax is not included in the inclusive price. |
| Include Admin Charge in Inclusive Price | If you want the inclusive price of your menus and items to include the admin charge, select this checkbox on each applicable revenue classification. When users open a menu or item in the Editing Item Details window, the Incl. checkbox is selected next to the Admin Charge field. These fields display on the Revenue Breakdown tab for menus. Users can clear this checkbox if they do not want to include the admin charge in the price. The inclusive price is recalculated automatically. |
| Include Gratuity in Inclusive Price | If you want the inclusive price of your menus and items to include gratuity, select this checkbox on each applicable revenue classification. When users open a menu or item in the Editing Item Details window, the Incl. checkbox is selected next to the Gratuity field. These fields display on the Revenue Breakdown tab for menus. Users can clear this checkbox if they do not want to include gratuity in the inclusive price. The inclusive price is recalculated automatically. |