How Can We Help?
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Managing Reservations
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Promotions and Discount Codes
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- How does Promotion work?
- How to apply a promotion in the Reservation Details window?
- How to create a "3rd Night Free" kind of promotion?
- How to exclude certain dates?
- How to setup a Promotion?
- How to show booked promotion in the guest confirmation emails?
- What happens when two promotions overlap on the same dates?
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Managing Housekeeping
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Analytics & Reports
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Settings
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Guest Emails
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Check-in/Out & Room Assignments
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Managing Add-ons
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Setup OnRes 2.0 Booking Process
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Setup Policies
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Export Availability
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Payment Gateway
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Multiple Room Type Booking
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- How to add/split a Child Reservation to/from an existing Master Reservation?
- How to cancel/reactivate a Master or Child Reservation?
- How to create a Master Reservation?
- How to find / sort a Master Reservation?
- How to merge existing single reservations into a Master Reservation?
- How to view / edit a Master Reservation?
- The Reservation IDs
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Contact Manager
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Room Auto Quarantine
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Contactless And Upselling
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Financial System
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- Check-out
- How to associate a credit card with a folio?
- How to bill a reservation to an Accounts Receivable (A/R) account
- How to make payment?
- How to open / create a folio?
- How to post charges to a folio?
- How to setup Billing Instructions for automatic transfers?
- How to transfer a posting to another folio?
- How to void a posting?
- Receipts
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Group Reservation
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Troubleshooting
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Managing Inventory
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Managing Products & Packages
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Managing Rates and Restrictions
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Managing Channels
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Managing Interfaces
< All Topics
What does the Financial System do?
OnRes Financial System allows you to manage all financial aspects of your hotel operation, such as processing advance deposits, guest billing, and revenue posting, payments processing, and financial reporting. More specifically, it provides the following functionalities.
- Manage Guest Bills (Folios)
- Post charges (room charge, add-on, laundry, etc) to a folio manually or automatically (by the automated Night Audit process)
- Generate seperate bills for Guests, Companies and/or Travel Agents
- Transfer bills to pre-approved Accounts Receivable accounts
- Generate Invoices/Receipts based on Folios
- Track the posting records in the three ledgers: Advanced Deposit Ledger, Guest Ledger, and the Accounts Receivable (A/R) Ledger.
- Manage Payments
- Supports multiple payment types, including cash, cheque, credit cards and debit cards
- Supports two credit cards on file
- Supports Direct Billing to pre-configured Accounts Receivable (A/R) accounts
- Integrate with Payment Gateway for automatic payment processing
- Track financial transactions and produce financial reports
- Provides Financial Journals
- Produce payment reports
- Produce ledger verification reports
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