Lead in deposits
Lead in deposits are used to take a deposit at the time of booking within a specific period.
For example if you enter a minimum lead in day of five and a maximum lead in day of ten then a deposit will be taken for any reservations made between five and ten days of check in.
Any other days outside of this period will not have a deposit taken.
In this example:
If a reservation is made four days before check in there is no deposit taken.
If the reservation is made twelve days before check in there is no deposit taken.
If the reservation is made any time between five and ten days of check in a deposit will be taken.
Create lead in deposits
Follow the steps below to create a lead in deposit.
Click the Booking Engine tab.
On the left navigation, hover over Rates and Packages.
Click Browse Rates.
Click edit on the rate you would like to update.
Click the Finance tab.
Scroll down to lead in deposits.
Click the + add deposit rule button.
Enter a number in the minimum lead in days text box.
Enter a number in the maximum lead in days text box.
Select the deposit type from the drop down.
If you select a deposit type that requires a value, a value text box will open and you can add your value in this text box.
Click save changes.
📌Note: A lead in deposit has to be created on a specific rate.