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.
Related Articles
How to Create Accounting Categories
Learning Objectives At the end of this lesson you will know …. The difference between accounting categories and revenue categories How to create accounting categories Accounting Categories During the setup of your Thynk org, the project team would ...How to Create & Manage Taxes
A tax is a fee collected by the government on a service or product. In Thynk this can be either a percentage or a flat amount. Across the tax jurisdictions for each property in an org, admins should gather a set of all applicable taxes. Read more ...Admin Sales Tax Configuration Guide
In order to support Sales Tax Configuration, there are a number of steps that must be followed by admins to build out revenue categories and corresponding taxes. This article provides detail on each item and an FAQ. In each section, you will find a ...How to Create a New Booking from the Home Page
Learning Objectives Learn that there are several ways of creating a new booking in Thynk Know how to create a new booking straight from the Home Page Know how to see availability by room types Know how to add a room block to the booking Blocking a ...How to create a New Inquiry
Learning Objectives In this article you will learn... How to create a New Inquiry How to edit a saved Inquiry What you can do after saving an Inquiry Creating & Editing a New Inquiry This will always be the first step when creating a new inquiry. To ...