Adding cancellation fees to reservations

The new version of the WebReserv Booking System has been released. The new version includes the ability to calculate cancellation fees.

To setup a cancellation fee or percentage, go to Setup – Business Information – Changes & Cancellations.

You can enter up to 3 rules for your business. Each rule has a time (prior to arrival date/time), penalty fee or %, and an indication of whether a customer can cancel the reservation directly.

In the example below, the cancellation penalty is 100% if cancelled less than 1 day in advance and 25% if cancelled more than 1 day but less than 7 days in advance. There is no cancellation penalty if the reservation is cancelled more than 7 days in advance. Note the last rule of 365 days. This is added to allow customers to cancel the reservation more than 7 days in advance.

Cancelled reservations

When a reservation is cancelled, the booking system performs the following:

• Marks inventory/room/tours as available
• Removes security deposit (if used)
• Calculates cancellation penalty (if applicable – default is none)
• Calculates final balance
• Sends cancellation email to customer (if applicable – default is yes)

Here you’ll see a reservation before it is cancelled:

Now let’s look at the same reservation after it is cancelled 4 days in advance.

If needed, you can remove the cancellation fee by clicking the X (delete icon) on the cancellation fee line.

The booking system does not automatically charge or refund balances when a reservation is cancelled. To settle the balance, scroll down to the Payment Information section and click Add Payment or Refund.