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Folio Examples
Balanced Folio | Charges-No Payments | Deposit- No Charges | Extra Charge |
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Important Folio Functions Folio Transactions The two column reporting for payments and charges in Folios allows you to view the totals separately. This is helpful when balancing the folio.
Charges and Payments Charges can be applied to the Folio in three ways:
Payments can be applied to the Folio in two ways:
Booking Header The second row in the Booking Header with the financial information is continually updated by Folio transactions, except for the Projected Income. The other three fields (shown in blue): Projected income+ Charges, Projected Balance and Folio Balance reflect the actual Folio balance as charges and payments are applied. See Booking Header.
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