Molo supports a variety of hourly dockage rates and charge methods.

**Explanation of Settings**

*Go to Menu --> Admin --> Time-Based Rates to build or edit existing hourly dockage rates.*

**Hourly Calculation**- This method will always charge a full hour amount without decimals.__Rounding__*Example: $1.50 * 24 Feet * 2 Hours*- This method can convert the number of minutes in an hour to a decimal to optimize revenue capture for odd lengths of stay.__Decimal__*Example: $15 * 2.75 Hours*- This method will always charge full hours without decimals but will always round up to the next block of hours.__Block__*Example: $15 * 4 Hours*

**Round Up Minutes**- This setting affects the**Rounding**and**Decimal**methods. It instructs the system after how many minutes should we round up to the next full hour.**Minimum Hours**- This setting affects the**Rounding**and**Decimal**methods. It will always charge a minimum number of hours for shorter stays.**Number of Hours in Block**- This setting affects the**Block**method. It will always charge a minimum number of hours in blocks and not do any hourly rounding or decimals.

__Real-Life Examples__

**Example 1**

You offer hourly dockage for special events in the area but bill a minimum of 2 hours and then a minimum of 1 hour after that.

**Hourly Calculation --> Rounding**

**Round Up Minutes --> 1 ***(This means that 1 minute into any new hour will trigger rounding up to the next hour.)*

**Minimum Hours --> 2** *(This will always charge a minimum of 2 hours for any reservation shorter than 2 hours.)*

**Number of Hours in Block --> Empty**

*Sample Invoice Charges:*

*$1.50 * 24 Feet * 2 Hours (Length of Stay is 1 hour and 15 minutes)*

*$45.00 * 3 Hours ( Length of Stay is 2 hours and 30 minutes)*

**Example 2**

You offer flexible hourly** **dockage with no minimum length of stay and want to charge for the number of minutes of dockage.

**Hourly Calculation --> Decimal**

**Round Up Minutes --> ****Empty**

**Minimum Hours --> ****Empty**

**Number of Hours in Block --> Empty**

*Sample Invoice Charges:*

*$0.75 * 24 Feet * 1.25 Hours **( Length of Stay is 1 hour and 15 minutes)*

*$35.50 * 0.5 Hours ( Length of Stay is 30 minutes)*

**Example 3**

You offer flexible hourly dockage with a 1 hour minimum and always run up to the next 30 minutes after that 1 hour.

**Hourly Calculation --> Decimal**

**Round Up Minutes --> 30 **(*This means that 29 minutes or less into an hour would run up to charge 30 minutes.)*

**Minimum Hours --> 1 ***(This will always charge a minimum of 1 hour for any reservations 59 minutes or less.)*

**Number of Hours in Block --> Empty**

*Sample Invoice Charges:*

*$0.95 * 30 Feet * 1.5 Hours ( Length of Stay is 1 hour 15 minutes)*

*$25 * 2.5 Hours* (*Length of Stay is 2 Hours 15 minutes)*

**Example 4**

You offer dock and dine with a minimum of 3 hours for $150. You charge with 3 hour blocks. In other words, for boats that stay 3 hours and 15 minutes, they have to pay for the next 3 hour block.

**Hourly Calculation --> Block**

**Round Up Minutes**** --> Empty**

**Minimum Hours --> Empty**

**Number of Hours in Block --> 3**

*Sample Invoice Charges:*

*$15 * 6 Hours (Length of Stay is 3.5 Hours)*

*$1.25 * 55 Feet * 3 Hours (Length of Stay is 2.5 Hours)*