Recent Articles
Understanding Occupancy % in VM PMS (Cloud)
Visual Matrix PMS displays Occupancy % in several areas. The percentage may not always match from one screen or report to another because each area is designed for a different purpose. Some areas show current occupancy, some show forecasted ...
** Understanding Property Tax Settings (Cloud)
Properties can configure several different types of taxes in Visual Matrix. Each tax type serves a different purpose and is applied in a different way. Understanding the differences between Revenue Taxes, Sales Taxes, Flat Taxes, and Tax-Inclusive ...
Flat Tax Settings (Cloud)
Flat Taxes are fixed-dollar taxes that are automatically charged per room, per night. Unlike Revenue Taxes and Sales Taxes, Flat Taxes are not percentage-based and are not assigned to specific accounting codes. Instead, they are automatically posted ...
Sales Tax Settings (Cloud)
Sales Taxes are percentage-based taxes that can be applied to non-room revenue transactions, such as restaurant charges, retail sales, parking fees, or other taxable services. Visual Matrix allows properties to create multiple Sales Tax Codes and ...
Revenue Tax Exemptions and Reductions (Cloud)
Some jurisdictions allow room revenue taxes to be reduced or removed after a guest stays a specified number of nights. Visual Matrix can automatically apply these tax reductions, generate tax credits when required, and determine whether complimentary ...