All Optional settings are located in the 'Other" - 'Settings' - 'Tax settings' menu.


Default booking folios currency - this functionality allows you to set the default currency of all your booking folios. You have two alternatives here: ''The default currency is the rate's currency'' and ''The default currency is the national/local currency''.

Account default currency - this functionality allows you to set the subscription default currency.

Discount template

This functionality allows you to customize the discount template when you use the "Discount" option in the folios. Clicking on the "New / Edit" button you will be able to choose:

  • Text - the default name for the discount template
  • Revenue Category - you can chose from any revenue category created for revenue group "Discount"

Folio Printing

This section allows you to set the printing details regarding the view of all your documents (closed invoices) in the system.

Default print view - use this functionality to select the default view of all your documents in the system: Details, By date, By Text / Price, Compact, Packaged By Dates / Qty, Packaged by Qty.

Show unit price in the folio printout - this functionality allows you to select one of the three options for unit price (Don't show, Show Net price, Show Gross price).

Note: the unit price is the quotient of the total value and the quantity which may lead to rounding differences. The unit price is only shown in the 'Details' view.

Folio Print Template - allows you to select a custom folio print template to be automatically used for the folios. Please note that this applies only to the bookings created after the current change in the Folio Print Template field. You can find more details in the Folio Print Templates article.

Default Payment Terms - Days

This section indicates the date by which the folio must be paid if closed while not fully paid. The date is calculated using the information in field 'Payment term – days', which specifies how many days after closing it, the folio must be paid.

 'Payment term – days' in 'Tax settings' is the default value and affects all folios.

Note: The 'Payment term - days' field can also be set at Company and Folio levels:
1). Company => 'Payment term - days': this is the default value for the invoices of the specific company. It overrides the value set in 'Payment term - days' in 'Tax settings' for this company folio only;
2). Folio => 'Payment term - days': this is the default setting for the specific folio and it overrides the two other settings above (the value set in 'Payment term - days' in 'Tax settings' and the value set in 'Payment term - days' in 'Company') for this folio only.


This section allows you to set the view of the rate name in your documents and the rounding of the derived percent rates.

Use the full rate name as a charge text

If selected - the name of the room charges generated by the rates will be a combination of the rate name, the room type of the rate and the name of the rate plan of the rate.

If not selected - the name of the rate's charge template will be used in the folio.

Note: The value from the "Print text" field of the rate's charge template will always be used for the print version of the folios.

Minimum and Maximum allowed prices

This option allows you to specify a price range that can be applied to the standard rates. If a user tries to enter a price in a standard rate outside the range, an error will be generated. They can be used individually or as a combination of both.

Derived percent rate rounding.

It allows you to select the rounding option for the derived percent rates in Clock PMS+. The possible options are 0.01, 0.1, 1, 10, 100 or 1000.

Example with the option set to 0.1

The derived rate is based on price of 155 EUR with 13% discount, the calculation will be 134.85 EUR (155 - 13%).

Due to the selected option, the result will be 134.9 EUR.