Functions
- AUTO INVOICE CREATION - Automatically creates an invoice.
- FORECAST ROTATION POINTS - When active, Rotation will be calculated as of a specific day (taking into account reservations that may not yet be checked in), versus being calculated based upon actual stays.
- FRACTIONAL OWNERSHIP - Activate Fractional Ownership functionality.
- RESERVE ACCOUNTING - Activates the Reserve Accounting functionality.
- REVENUE POOLING - Activate Revenue Pooling. Revenue Pooling functionality allows for the collection of revenue into a pool account(s) which are then distributed to participating owners at the end of the period.
- ROOM TYPE ROTATION GROUPS - Activates the room type rotation functionality.
- TRANSFER OWNER - Transfers reservation charges to the owner account.
Parameters
- ADD AUTH USER ON THE FLY - When creating a rental reservation for an owner room/unit, prompt to add this user to the authorized users list on contract.
- CONTRACT SPECIFIC OWNER ACCOUNTS - When this parameter is active, Owner profiles will be allowed to have multiple AR accounts, so an owner with multiple units may have a different account for each. The same account on two different contracts is not allowed.
- EXPIRE AUTH USERS CREATED ON THE FLY - This parameter causes Authorized Users created 'on the fly' to be deleted during the night audit if their reservation has been checked out.
- EXPIRY DATES - Ability to access and configure expiry dates on contract.
- FORECAST FIXED LENGTH - When this parameter is active, then forecast rotation points a fixed number of days in the future beyond period end date - defined by setting 'FORECAST ROTATION X DAYS IN FUTURE'.
- HOLD AR REVENUE - If this parameter is active, Owner revenue from reservations having direct bill to AR will be marked as Hold.
- NIGHTLY REVENUE SPLIT - Perform nightly revenue split.
- OVOS PROPERTY - This parameter indicates to ORS that the property has Opera Vacation Ownership installed. Turn on this parameter only if Opera Vacation Ownership license is active at the property and Opera PMS communicates with Opera ORS via OXI-HUB Interface. Incorrect value set to this parameter could create mismatch in inventory between Opera PMS and Opera ORS.
- OWNER CASHBOOK - If this parameter is turned on, users have the option to generate a owner cashbook.
- OWNER PASSWORD - The password for creating a new owner reservation.
- RECIPROCAL OWNER - Allows an owner to make a reservation in a rentable unit other than his own. In such a case, any revenue generated from his actual unit during the period he is staying in another owner's unit is transferred to the owner of the unit he is staying in.
- RESTRICT NEGOTIATED UNITS - When this parameter when active, Opera prevents reservations for units with a 'Negotiating' status.
- RESTRICT ROOMS WITHOUT A CONTRACT - Do not allow reservations for units without a contract.
- SPECIAL OWNER REVENUE HANDLING - When active, Owner Account Transactions View will contain additional filters and validations to only allow invoice creation based on the following groups: negative transactions, positive transactions, and Owner Revenue transactions.
Settings
- AUTHORIZED USER RATE CODE - The default Rate Code for Authorized User Reservations made via the external systems (on the Web using OWS).
- CASHBOOK OPERATOR - Payee to show on cashbook report as recipient of charges to account.
- DEFAULT DASHBOARD VIEW - The default view on the Dashboard screen.
- EXPORT FEE TRN CODE - This parameter indicates the transaction code(s) that are used within Opera to record the FFE fee. Only those postings against the transaction code(s) defined in this application setting will be included in the FFE fee Export.
- FORECAST ROTATION X DAYS IN FUTURE - Number of days beyond period end date to forecast rotation points.
- OWNER RATE CODE - The default rate code for owner reservations made via the external systems (on the Web using OWS).
- PERIOD INVOICE DAYS - The number of days defined for the period. An invoice is created once the period is complete.
