Financial Settings
Suppress Clerk/Operator Id on Folio (Desktop)
On each printed folio, the User ID of the person that posted the charge/payment. this is where you can hide this ID from the folio. Path: Management > Setup > Property > Parameters > Section "Financial" (left side) 1. Check the box "Suppress Folio ...
Setup Reports Comparisons (Desktop)
These options are to setup how comparisons and variances will show in every reports. Path: Management > Setup > Property > Parameters > Section "Financial" (left side) 1. The Budget Comparison is used if a budget was entered in the revenue accounting ...
Setup a Second User Code to Confirm High Refunds (Desktop)
By default, only users with a Supervisor credential can post refunds. However, a second security step is in place to be setup to limit high refunds. Path: Management > Setup > Property > Parameters > Section "Financial" (left side) Search down to ...
Setup the Number of Accounting Periods (Desktop)
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 (Desktop)
This setup is done during the implementation process. This option is to setup the currency used in the application. Path: Management > Setup > Property > Parameters > Section "Financial" (left side) 1. Choose the "Currency Symbol" and the "Currency ...
Setup Advance Deposit Forfeit Amount for Online Cancellations (Desktop)
This setting will only apply to online cancellations. It is meant to let Visual Matrix know what to do when it receives a cancellation for a reservation that has a deposit already posted; how much to forfeit (amount kept) and how much to refund to ...