The system allows you to charge a deposit at the time of booking, and you can configure the amount or percentage you want to charge through the Tax/Deposit section of the Product setup.
Deposit Rules are setup per product (rental / room / tour). To configure, go to Setup - Products & Reservation Rules - select your product (Edit) - Tax/Deposit.
On this page, you'll see the Reservation Deposit section with the deposit options. Select from the Deposit Rule drop down menu to see the choices. You have the following options for deposit:
- No Deposit: No payment required at the time of booking.
- No Deposit, Credit Card Hold: No payment at the time of booking, but credit card is entered to be held on file until arrival.
- Full: Full payment required at the time of booking. No deposit required.
- First Day / First Hour: Required deposit will be the pricing for first day or first hour.
- Fixed: Required deposit will be a fixed deposit amount.
- Percent: Required deposit will be a fixed percentage of total booking cost.
- Percent Minimum: Required deposit will be the greater of either a fixed percentage or fixed deposit amount.
- Custom / Staggered: Required deposit will be either a fixed or percentage, but final balance can be set to charge automatically before arrival. (must be connected to a payment processor)