Posting Premium Redemption - FOSSE
Posting Premium Redemption
Print Booking Statistics Report – F8 – Reservations – Reports – Booking Statistics Report
Enter the beginning and end dates – F10.
The report beginning and end dates should both be the date you started your shift on.
Print Guest Ledger – F8 – Front Office – Reports – Guest Ledger – Sort by Rate Code – Press N next to the line Include House Accounts – F10.
In Booking Statistics Report look for the Rooms Sold and Room Revenue. Highlight these two numbers.
In Guest Ledger find your Point Stays. Highlight them and write down how many total you have. Calculate your Posted Redemption Revenue
(# of rewards stays * rewards rate).
Enter the beginning and end dates – F10.
The report beginning and end dates should both be the date you started your shift on.
Print Guest Ledger – F8 – Front Office – Reports – Guest Ledger – Sort by Rate Code – Press N next to the line Include House Accounts – F10.
In Booking Statistics Report look for the Rooms Sold and Room Revenue. Highlight these two numbers.
In Guest Ledger find your Point Stays. Highlight them and write down how many total you have. Calculate your Posted Redemption Revenue
(# of rewards stays * rewards rate).
Open the Premium Redemption Calculator. Click “New” and complete the form.
First, be sure to select your hotel from the drop down.
“Audit date” is the date you started your shift.
Enter Rooms Sold and Room Revenue from your Booking Statistics Report into the appropriate lines.
Next, plug in the total amount of Point Stays in the line that says Rewards Rooms.
Finally, enter the Posted Redemption Revenue that you calculated in the previous step.
Click Save.
If a number appears in the To Post line that is the premium redemption amount that will be entered into FOSSE.
In FOSSE, find the Premium Redemption House account.
To post the Premium Redemption – Folio – Enter EID – Post – Charge code is RQ – Reason is Premium Redemption – Amount is the “TO POST” total from the calculator – F10.
Now post the Offset - Foli – Enter EID – Post – Charge code is MW – Reason is Offset– Amount is the “TO POST” as a NEGATIVE number – F10.
Related Articles
Marriott Fosse Historical Data Instructions
In the case that a Marriott property Night Audit transmission (from the Fosse PMS) wasn’t received or imported by M3. The GM would push a new file to M3 for them to interface using steps below. Fosse Historical Data Retrieval Instructions From the ...Choice Brand IT Support
Access the ChoiceNOW Service Portal (Note - Requires Okta Profile to login. Additional details below) Login - Hotel Portal (service-now.com) Live Chat Feature for general inquiries - Phone 800-528-3118 Available 24x7x365 Create new case Review open ...