This program allows the user the link Rate Code Groups to the COA. This needs some explanation. A rate code is used to create a rate for the room and possibly other components like breakfast, lunch, welcome drink and many more. In fact, within a rate code there can be unlimited components. When a rate code is created, a rate code group must be selected. In this program you can link the rate code group to the COA, allowing to segregate revenues between different sources on finance level. Obviously, there are many ways to segregate revenues, like market segment, sources etc, but this refers to finance level.
The above explanation also counts for Venue rate Codes.
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