The below articles will take you through a detailed view of each option available under the accounting options screen. Click once on the hyperlinked title you wish to read more about.
This video will advise you of the RMS recommended settings to choose for the accounting functionality of your RMS system. You may wish to speak to your accountant for your specific GST/Tax information.
Set global rules on departing or cancelling reservations, receipting types, default billing, tax options and financial year preference.
Set global rules on how you wish tariffs to create, whether to use split accounts, turn on the end of day feature and much more.
Used for properties set to Tax Inclusive, set the tax rules for your property. You may wish to speak to your accountant for your specific settings.
Turn on correspondence shortcuts which will allow you to send correspondence directly from the account screen both on reservations and clients.
Groupings used on the Night Audit report, allowing you to group your different revenue streams.
Used for properties who utilize the Owner/Trust accounting module of RMS, set your rules for creating owner income, commission and the layout for charges on your owner statements.
A screen of options for printing Tax Invoices, Receipts and Statements, including global notes that can appear on each.