Problem Description

"How do I create a rate for transient reservations?"

"How can I add a new Timed-Base Rate?"

Context

• Purpose: Time-based rates are typically used for reservations that charge by a time period (e.g., per month, per day)
• Invoicing: They automatically generate invoices based on the time period configured
• Use Case: Often used for longer-term rentals or when rates need to be calculated over specific date ranges

• What They Are: Transient rates are designed for short-term, temporary stays (like overnight or short-duration dockage)
• Key Limitation: Transient rates are not designed to update the rate midway through a reservation to a different rate for only some invoices
• Rate Changes: If a marina wants different rates for different periods within the same reservation, the recommended approaches are:
• Use Recurring Rates instead (which allow rate updates for future invoices)
• Use multiple separate reservations with different transient rates

Intro to Molo - Rates: Time Based, Seasonal, Recurring

Resolution Steps

1. On the left menu, navigate to Marina Settings > Space Settings > Time-Based Rates.
2. Click on New Time-Based Rate found on the upper-right of the screen.
   
   
   
   
3. Fill in the required fields, marked by an asterisk (*).
   
   
   Note: The customer can also configure Other Settings such as Hourly Calculation, Minimum Hours, and Terms and Conditions.
   
   
4. To save the rate, click Create New Time-Based Rate on the upper-right of the screen.
   
   Verification: The new time-based rate appears in the list of Active Time Based Rates.