• "What does the ‘Rate Charge Method’ mean, and how does it affect how a reservation is billed?"

Resolution Steps

  1. Understand that Rate Charge Method determines how invoices are calculated in Time-Based, Seasonal, and Recurring reservations.
  2. Here are the common Time-Based charge methods:
    • Per Foot Per Night — Rate × Vessel LOA × Number of Nights (e.g. $2.00 × 30 ft × 2 nights)
    • Per Night — Rate × Number of Nights (e.g. $2 × 2 nights)
    • Per Foot Per Month — Rate × LOA × Number of Months
    • Per Month — Rate × Number of Months
    • Flat Rate — Just the rate, no multipliers
  3. Additional (less common) Time-Based methods include:
    • Per Foot Per Week / Per Week
    • Per Foot Per Quarter / Per Quarter
    • Per Ton
    • Per Gallon of Capacity
    • Per Foot Per Hour
    • Per Square Foot Per Day
  4. For Seasonal Rates, the methods include:
    • Flat Rate
    • By Foot (Rate × LOA)
    • Square Foot (Rate × LOA × Beam)
  5. For Recurring Rates (e.g. monthly slip contracts), methods include:
    • Per Foot Per Month (Rate × LOA monthly)
    • Per Month (flat monthly rate)
    • Per Square Foot Per Month (Rate × LOA × Beam monthly)
  6. Note: By default, Molo does not use vessel inches in dynamic calculations. If you want to enable that, contact Support.

 

Verification: Once saved, the updated phone number would appear on the invoices.