Creating a Pricing Rule

A pricing rule is the method by which you determine how you will charge your clients for renting your units. The Daftra system provides several pricing methods to suit various activities that involve renting. These methods will be clear in the following lines.

 

• Note: Before starting, make sure to activate the Rentals and Units app in your account.

Steps to add a Pricing Rule

To add a pricing rule, follow the steps below:

• Select “Rental and Unit Management” from the main menu.
• Select “Rental Pricing Rules“.
• Click on the “Add Pricing Rule” button.
• Add the pricing rule data by following the steps below:
  • Pricing Rule Name: Add a unique name for the pricing rule.
  • Status: Determine the rule status, “Active” to enable it, “Inactive” to disable it.
  • Currency: Choose the currency you want to use for pricing the reservation/rental order.
  • Pricing Method: The system offers you three pricing methods, by hours only, by days only, or both days and hours together.
    • When pricing by Hours, you set an hourly rate only.
    • When pricing by Days, you set a daily rate only.
    • For pricing by Days & Hours, a specific price is set for the day (24 hours), and another price is set for the hour. For instance, if a client rents for 28 hours, they are charged for one day (at the daily rate) and 4 hours (at the hourly rate), and the two numbers are then added together.
• Click the “Save” button.