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Now configure the taxes that you just named in System Labels. You will s= ee the label you entered for your Primary and Secondary taxes appear here. = For example, if you entered "Occupancy", then the label in the Tax Configur= ation will read "Occupancy Tax".
There are two main taxes, the Primary and Secondary tax. When these taxe= s are enabled, tax is automatically calculated on room rent in bookings and= posted to guest folios.
You can enable one or both of the Primary and Secondary taxes depending = on your needs. If you have either Primary or Secondary Tax enabled, the val= ues of these fields will automatically populate the RENT item and taxes wil= l be calculated and posted to the guest folio when room rents are posted. I= t is critical that your primary and secondary tax fields are using the corr= ect values for your business.
Additional taxes can be added later in MyPMS and applied to Room Rent an= d/or applied to inventory items. This is useful for flat fees or sales tax = on inventory items.
To change the name of your taxes, go to Custom System Labeling.
Complete Step 3 - Tax Configuration
Click image to enlarge
How is this used in MyPMS?
Here is an example of Occupancy Tax posted t= o a guest Folio. The Occupancy Tax appears on the folio, g= uest receipts, booking confirmation, etc.
Click image to enlarge