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Folio Setup


The Folio Setup feature on a Group is different than one on a Booking. By choosing 'Group Master' the Group manager can define which charges at Night Audit and via the automated processes (such as call accounting postings, POS, or COMTROL Charge Items) post to the Master Folio or the individual Booking Folio. Choosing the Master equals the 'Group' and choosing the 'Guest' equals the individual Booking Folio. In the below example all Room and Misc related charges are being billed to the Group Master Folio and all Food, Phone and Alcohol related charges are billed directly to the Guest Folio. By default all charges go to the Group Master Folio and individual bookings inherit Group Folio settings at the time of the individual bookings creation. This is important to note because custom folio management must be done prior to making individual bookings if you wish for the folio settings to inherit to all individual bookings. You may also go to individual bookings that are part of the group and manage that bookings settings via Folio Setup at the individual booking level. This allows you the flexibility of changing folio policies for a single booking without effecting the rest of the group. By default all charges go to the Group Master Folio so please adjust accordingly prior to adding individual bookings.

 

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This page allows you to select how many rooms will be allotted to this group by room type, date and rate plan. Across the top are listed the dates and down the left hand side are the room Types. Under the Room Type is a number in parentheses. This is the total number of rooms in the hotel of this room type. The avail: number is the number of rooms of this room type available. This number is not inclusive of the hard allotments for this group. For a full explanation of hard and soft allotments, please refer to the allocations section. You may enter as many rooms as you like in each cell up to the total available for each room type. The hard allotments will actually take rooms out of inventory and give them to this group. The soft allotments will allow the group to book up to X rooms at the negotiated rate. After this number of rooms has been met, no more bookings will be allowed on this group.
At the bottom of the page is a place to verify/modify the rate information. If you add additional allocates to a group booking later the system will prompt you to refresh the rate by pressing the "Get New Rates" button. For information on how to create rates, go to Rates Setup.

 

 

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Folio Setup

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