Room Revenue is Tax Exempt but does not show on the Tax Exempt Report
To show in the Tax-Exempt Revenue Report, the Room Charge Revenue has to be posted by the night audit process.
The manual post of the Room Charge tax-exempt (using the RC code within the drop-down menu in a folio), will not result in the Room Charge Revenue showing in the report.
There are two ways for revenue to show in the report:
- It is posted automatically by the system. This is done either during the night audit or auto-posted at check-in - if you have enabled the feature within Visual Matrix to post RC automatically upon check-in.
- It is posted using the Post RM & Tax button. Using the Post RM & Tax button advances the RC post that would normally occur during the night audit. The next audit that is processed will skip posting RC to this folio if the button was used. (see below)
If the tax status changes in the middle of a guest's stay, only the future nights will be counted as tax-exempt in the Tax-Exempt Revenue report.
For a full stay to be tax-exempt, the exemption has to be set up at check-in!
In the Cloud:
In the Desktop:
Related Articles
Night Audit Tax Exempt Report (Cloud) 🎥
? Watch Video The Tax Exempt report shows the total Revenue that was exempted, the amount of tax posted, and the type of exemption (Partial or Exempt). A tax-exempt room revenue will only show on the report if it was posted by the night audit. A ...
Night Audit Room & Tax Report (Cloud) 🎥
? Watch Video The Room & Tax report shows the amount of room and tax that was posted per room type. The report has 2 totals: the first, total of the room and tax listing, is made only from room revenue posted by the audit. The second, total of the ...
Night Audit Revenue Tax Summary Report (Cloud)
The Revenue Tax Summary report shows the total Revenue for one or multiple days (taxable and exempted) and the total taxes as well as the total exempted revenue. Path: Accounting > Night Audit > Reprint Reports > Room and Tax. Generate report 1. ...
Night Audit Daily Report (Cloud) 🎥
? Watch Video The Daily report recaps all the activity within the last audit. This daily report includes hotel statistics, like the total earnings from hotels revenue centers. Numbers from each revenue centres will display for the day, MTD (month to ...
Reprint the Night Audit Reports (Cloud)
Once the night audit is completed, the page will switch automatically from the Run Audit tab to the Reprint Report tab. Visual Matrix is paper saving... the reports are not printing nor printing nor sending automatically at the end of the audit but ...