Overview on Average Checks

Overview on Average Checks


What is the Average Check feature?

This feature streamlines Non-Guest Room Forecasted Revenue management by having admins to define the Average Check per person for up to five Revenue Categories based on Function Types at a Property. Once defined these values are pre-populated in the new Average Check fields per Revenue category on the Booking Event level. This then reduces manual entry while offering flexibility for users to adjust the Average Check values as needed.


What is required to use Average Check feature?

To use this feature, admins must enable the feature as well as define the default average check values for the properties that will use it. Read here the steps for admins to set this up accordingly.


How does this work?

  1. Admins must have enabled the feature and prepared the Default Average Check values per Revenue Category per Function Type at the Properties using this feature
  2. Users will see the Average check fields per Revenue Category pre-populated on the Booking Event Level. They can leave the defaults as is or update it accordingly. 
  3. When the Booking is no longer in your Properties 'Forecasting' stage, users will select the 'Is Detailed' checkbox.

    Coming soon: your Revenue then looks at Actual Revenue vs the Forecasted Revenue. 




Resources

  1. How to set up Average Checks for your team as an Admin
  2. How to use Averages Checks as a User


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