Terms of payment allow you to determine when and what percentage of the booking amount a guest must pay. You can configure these terms for all bookings or create different terms of payment for specific accommodations.
General terms of payment
The general terms of payment apply to all bookings by default, unless different terms of payment have been configured for a specific accommodation or booking.
You can find these settings under: Settings > Administrative > Terms of payment.
A term of payment consists of the following fields:
Percentage: the percentage of the total booking amount that must be paid for a specific payment term.
Number of days: the number of days used to calculate the due date of the payment term.
Reference: determines from which date the payment term is calculated, for example before, on, or after the booking date, arrival date, or departure date.
Deposit: enable this option for the payment term that should be treated as the deposit.
Custom terms of payment per accommodation
Would you like to use different terms of payment for a specific accommodation?
Click Settings next to the desired accommodation.
Open the Administrative tab.
Click 'Modified terms of payment' and configure the desired terms of payment.
Click Save changes.
The custom terms of payment will only be applied to bookings for that accommodation.
Terms of payment per booking
Would you like to adjust the terms of payment for a single booking?
See our article Terms of payment within a booking. It explains step by step how to configure custom terms of payment for an individual booking and how to view the payment schedule for that booking.