Minimum and maximum prices for costs

When creating cost items, some calculation methods allow you to set a minimum threshold or maximum amount.

You might use a maximum to prevent a charged amount from becoming too high, or a minimum to ensure that the start-up costs of a variable cost item are always covered.

Choose how you want the minimum or maximum to apply from the dropdown. You’ll see that a second column has appeared in the 'Default prices' section. This is where you enter the minimum or maximum amounts to be applied.

Bedlinen has a price of €2,50 per person per night. You apply a maximum of €50 per stay. The Rivers family stays for 7 nights, with 3 people.
Calculation: 3*7*€2,50 = €52,50. This is more than the set maximum, which means the maximum amount of €50 is charged.

Cancellation insurance cost is set at 5% of the total rent amount. You add a minimum of €30 per stay.
Mrs. Montagne booked a weekend for €550.
Calculation: €550*0,05 = €27,50. Because this is less than the minimum, €30 is charged.