1. Access Settings
Select your initials in the top right corner of the screen.
2. Open Rate Management
- Select Settings
- Select Rate Management
3. Choose Your Rate Parameters
Select your Brand, Location, Rate Group, Format, and select Download
There are two format options:
| Format | Description |
|---|---|
| Merged LOR into Base Rate | Uses a Daily Rate only — no separate base rate is included. |
| Unmerged LOR from Base Rate | LOR (Length of Rental) is set based on a Daily Rate. |
Merged: You can see the location, description, start and end date. You can then enter the extra mile rate or mark the rate to have unlimited miles. Starting on Column J, you enter the rate for a one-day rental, then in Column K you enter the daily price of a two-day rental, etc etc. You then repeat this process for the entire duration of your daily rates, weekly rates, weekend rates, and then monthly rate. This all is dependent on your selected rules under Rate Group. You may not have all types selected, and you do not need them to be.
The Rates highlighted in yellow will have a daily rate of $175.
The Rates highlighted in purple have a decreasing LOR rate. Starting at $100 for a one-day rental, then $80 per day for a two-day rental, and $70 per day for a three-day rental.
You can edit the weekly rates in columns S, T, U, and V, and the monthly rate in column Z.
Unmerged: The main difference between merged and unmerged is the Base Rate Field in columns J and T. This is your base rate, and then you enter either positive or negative values to add or subtract from the base rate for each LOR. For example, the purple highlighted tiles will have a base rate of $175, and a one-day rental has $25 in the field, meaning a one-day rental costs $175+$25= $200. For a three-day rental, we have entered $-25. This means a three-day rental will cost $175-$25= $150 per day. Repeat this process for the weekly rates.
4. Upload Your Completed Rates
- Return to Rentanium and select Upload Template
- Select the correct file
- Click Save