Charge and Proration Schedules can be used to automatically generate charges for room assignments, equipment rentals, and services.

When a patron is assigned to a room or a contract item is created, the charge schedule will be associated with the assignment or contract item. When the Process Contract Items batch function or task is run, the charges will be created and sent to the Financial Transactions module.

Charge and proration schedules are attached to Asset Types such as ones used for room and equipment rentals. Multiple charge and proration schedules can be attached to an asset type.

After a Charge Schedule is created, a Proration Schedule can be created for it.