Overview: Inclusive pricing
If your property includes taxes and fees in the prices given to customers, the inclusive pricing feature can be used. With this feature, price calculations are done automatically.
Your administrator needs to enable the enhanced taxes feature, available with version R21 and higher, to use the inclusive pricing feature in your org.
Your administrator enters inclusive prices for everything your property offers for events. If needed, you can modify these prices for a particular event. The exclusive price is adjusted based on the new inclusive price you enter. Likewise, if you modify the exclusive price, the inclusive price is recalculated. You need to enter the inclusive price for your guestroom blocks.
When you merge a banquet check or booking check, the charges are automatically calculated using the inclusive prices along with the applicable tax group. If you want to display both the inclusive and exclusive prices on your merge documents, your administrator can add those fields.
All reports use exclusive prices to calculate revenue values.
If your property uses a flat rate occupancy tax, this amount is not included in inclusive pricing. However the occupancy tax does show on a separate line in merged documents.