Down Payment / Balance

The following will show how to set the down-payment amounts and the length before arrival the balance for booking will be due.

To access the Down Payment / Balance screen, click:

  1. Reservations & Quoting
  2. Quoting
  3. Quote Settings
  4. Down Payment & Balance & Security Deposit

Down-Payment (Balance Due)

In the Balance Payment section, select the number of weeks prior to arrival that the balance for a booking would be due.

When the value is set to 0, the entire balance will be due at the time that the reservation is made.

Down-payment Amount

When selecting how you would like to charge for the down payment, four options are available:

1. Fixed down-payment per booking > Enter the amount to charge as a down-payment as one fixed rate.

2. Specific Amount Per Week/Part of Week > Select how much to charge as a down-payment per week booked; for example, if  $100 ia entered and the property was booked for four weeks, then the down-payment would be charged at $400).

3. Percentage of Quoted Price > Select a percentage you would like to charge for the entire booking; for example, if the reservation is for $1000 and you chose a 20% deposit, the down-payment would be $200

4. The First Night's Rent > Will divide the days of the entire booking equally and charge the first night's rent as a down-payment