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Release Details

Product: Bookings - EQ1

Release Date: Monday 25th November 2024

Summary: A new feature in Equiem One which allows the bookings team to override the default rates of a resource when approving a booking request

Overview

Resource Cost Override

Note

This feature applies to manual approval bookings (i.e. the booking is in a Pending approval state) and the payment type is Invoice

Background

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Info

This feature is typically used when a resource is configured to have the Costs hidden. Refer to these Release Notes for further information.

Background

Previously, all booking requests used the default rates set for a resource. To address the need for “Enquiry” bookings—where bookings can be converted to paid resources at a custom rate—we’ve introduced a feature allowing the bookings team to override default rates and set a new total price for the booking.

Overriding the Default Resource Rate

Providing a booking is in the Pending approval state and the Host has chosen to pay via Invoice, you are able to edit the booking and override the default resource cost before it is approved or rejecteddeclined.

Note

You cannot do this after the booking is approved. In order to make adjustments after this point, you will need to use the refund and additional charge functionality when viewing the booking.

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Tip

The booking has now been approved and the default resource rates have been overridden with a new total. A confirmation email will be sent to the Host confirming their booking and the total cost.

Activity Log

If a booking has had the default rates overridden, this will be recorded in the activity log section when viewing the booking.

Additionally, an info icon will be shown next to the total to indicate that the original total cost was overridden.

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Reconciliation Report

Similarly, when viewing the Reconciliation tab, any bookings which have been overridden will show an info icon next to the Total cost to indicate the original total:

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If the booking total has been overridden, the new total will be shown in the Total cost column and the original total in the Original total cost column.

Host Confirmation Email

When a booking request has had the rates overridden (i.e. new total cost) the booking is automatically approved and a confirmation email is sent to the Host.

Info

The confirmation email will provide a single Total cost based off of the New Total Cost assigned by the bookings team. There will be no further breakdown in costs e.g. for any paid extras.

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FAQs

Question

Answer

Can I override the total cost of a confirmed booking?

No. You can only override the total cost for bookings in the Pending approval state which haven’t yet been approved/rejecteddeclined.

Does the booking automatically get approved after overriding the total cost?

Yes. You do not need to approve the booking after this. Overriding the total cost is considered an approval of the booking,of the booking.

How can I avoid a Host being shown the cost of the booking in the first place so that I can negotiate a final price before completing the booking?

Refer to these Release Notes in particular the Booking Cost Visibility section.