How to Create & Manage Revenue Categories
A Revenue Category describes a source of an organization's revenue. Revenue Categories can be defined at the corporate level (org) and at the property level. The revenue management team defines these during onboarding with Thynk and ensures that every accounting category at the product level maps back to a corporate accounting category. Read more about Revenue Categories here.
To Create and Manage Revenue Categories
1. In the App Launcher, search for revenue categories
2. Click on Revenue Categories
3. Click on New
4. Name the revenue category and provide an optional description
Currency will be defaulted to your user settings.
5. Click on Save
6. Click on Related
7. Any accounting categories connected to the revenue category will appear here. These will be shown across all properties.
8. To manage the accounting category, search for accounting categories
9. Click on Accounting Categories
10. Click on an existing accounting category or create a new one
11. See revenue category
To View Which Accounting Categories Are Assigned To A Revenue Category
If you want to familiarise yourself where accounting categories appear under a revenue category…
Go to your Revenue Categories, click on the down arrow on the right to select ‘All’
.
Click on ‘All’
Click on ‘Guest Rooms’
In the the next window, click on the ‘Related’ tab.
This says, you have more than 6+ accounting categories. To view them all click on ‘View All’…
Now you will see more extensive list. Click on any category here to open the window and see it's information.
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