The "Retrieve Rate" function is designed to ensure that your bookings always reflect the most up-to-date pricing information from your suppliers. This function automatically pulls the latest rates for both single services and multi-services based on the traveling dates and the availability periods defined by the supplier.

Here's a breakdown:

How it Works:

• Traveling Dates: The system considers the traveling dates of the booking to determine the relevant pricing period.

• Availability Periods: Suppliers define different pricing periods based on factors like seasonality, demand, and special offers. The system identifies the applicable pricing period based on the traveling dates.

• Latest Rate Retrieval: The system automatically retrieves the most current rate for the service from the supplier's system, ensuring that your pricing is always accurate and up-to-date.

• Option Level Update: The retrieved rates are updated at the option level within your system. This means the pricing is specific to the chosen options or variations of the service.

• Linked Options/Services Only: It's important to note that this rate retrieval only applies to linked options or services that are already connected to the booking.

• Excludes "Add New Service": The "Retrieve Rate" function does not apply to services added through the "Add New Service" feature in the "Buy Price" section. These services will require manual rate entry.

Benefits:

• Accuracy: Ensures that your bookings always reflect the latest pricing from suppliers.

• Efficiency: Automates the process of updating rates, saving you time and effort.

• Consistency: Provides consistent pricing across your bookings.

• Transparency: Allows you to confidently present accurate pricing information to your clients.

Important Considerations:

• Supplier Connectivity: This function relies on seamless connectivity with your suppliers' systems to access the latest rates.

• Manual Entry for New Services: Remember to manually enter rates for any new services added through the "Buy Price" section.

By utilizing the "Retrieve Rate" function, you can streamline your pricing management, ensure accuracy, and provide your clients with the most up-to-date pricing information.