Financial Settings
Suppress Clerk/Operator Id on Folio (Cloud)
Each printed folio displays the User ID of the individual who posted the charge/payment. Here is where you can choose to conceal this ID on the folio. Path: Management > Property Settings > Parameters > Section "Financial" (left side) 1. Check the ...
Setup Reports Comparisons (Cloud)
These options are to setup how comparisons and variances will show in every reports. Path: Management > Property Settings > Parameters > Section "Financial" (left side) 1. The Budget Comparison is used if a budget was entered in the revenue ...
Setup a Second User Code to Confirm High Refunds (Cloud)
By default, posting refunds is restricted to users with Supervisor credentials. Nevertheless, an additional security measure is available for setup to limit high refunds. Path: Management > Property Settings > Parameters > Section "Financial" (left ...
Setup the Number of Accounting Periods (Cloud)
This setting cannot be updated by the property. If your property has a different financial reporting cycle, please contact our Client Experience team. An accounting period is any time frame used for financial reporting. Transactions that fall within ...
Setup Default Currency Symbol and Code (Cloud)
This setup is done during the implementation process. This option is to setup the currency used in the application. Path: Management > Property Settings > Parameters > Section "Financial" (left side) 1. Choose the "Currency Symbol" and the "Currency ...
Setup Advance Deposit Forfeit Amount for Online Cancellations (Cloud)
This configuration specifically affects online cancellations. It instructs Visual Matrix on how to handle cancellations for reservations with an already posted deposit, determining the amount to forfeit (amount kept) and the amount to refund to the ...