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Partial rate defaults are used to tell the system how to charge for rentals that fall into more than one rate basis. For example, if a unit is being charged a weekly rate and a reservation is made for ten days, seven days will be charged at the weekly rate, three days will be charged according to how the partial rate defaults are set. The extra three days may either be rounded to the nearest week, rounded up to the next full week, prorated based on the weekly rate, or charged the daily1/2 dayor hourly rate. For each rate basis, select the radio button to specify how partial rental times should be charged.
Rate BasisDefault Basis- Default Charge Options
Hourly- Round up or down to the nearest hourRound hour--Round up to the next houror hour--or Prorate based on the hourly rate
Half Day- Round up or down to the nearest half dayRound day--Round up to the next half dayProrate day--Prorate based on the half day rateor rate--or charge Hourly rate
Daily- Round up or down to the nearest dayRound day--Round up to the next dayProrate day--Prorate based on the day ratecharge rate--charge Hourly or 1/2 day rate
Weekly- Round up or down to the nearest weekRound week--Round up to the next weekProrate week--Prorate based on the weekly ratecharge rate--charge Hourly or 1/2 day or Daily rate
Monthly- Round up or down to the nearest monthRound month--Round up to the next monthProrate month--Prorate based on the monthly ratecharge rate--charge Hourly or 1/2 day or Weekly rate
Yearly- Round up or down to the nearest yearRound year--Round up to the next yearProrate year--Prorate based on the yearly ratecharge rate--charge Hourly or 1/2 day or Weekly or Monthly rate

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Select the YES or NO radio button to specify whether to use grace periods. Grace periods allow extra time, at no charge, for late rental returns. For example, a unit is rented for an hour and is returned ten minutes late. If a grace period is not allowed, the customer will get charged for the extra ten minutes. If a grace period of ten minutes is allowed, the customer will not be charged for the additional time.
Rate BasisGrace Basis- Grace Period Allowed
HourlyEnter Hourly- Enter the allowable time for a grace period in minutes format (e.g. 10.00 = 10 minutes, 15.00 = 15 minutes).
All OthersFor Others- For Half Day, Daily, Weekly, Monthly, and Yearly rates, enter the allowable time for a grace period in hours and minutes format. The minutes are entered in tenths (e.g. 00.25 = 15 minutes, 01.50 = 1 1/2 hours). To convert minutes into tenths, divide the number of minutes by 60 (15 15                    minutes / 60 = .25, 30 minutes / 60 = .50).

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