If you use Revenue Management, you will not be able to add managed rates for unoccupied units from the Yield Management tab on the facility level of your software. All adjustments to managed rates for unoccupied units will have to be done via Revenue Management. You'll see the following message on the Yield Management tab with a link to Corporate Revenue Management:
Yield Management settings let you adjust how yield management is applied at your facility. Note that any adjustment here will not create a yield management plan; those settings can be adjusted from the Yield Management Tab.
To access your facility’s yield management settings:
Click the Settings Tab to the left of your screen.
Under the Settings section, click the Yield Management button.
Rounding
Checking this box will automatically round all yield management rates to the nearest dollar.
Prepay
Checking this box will allow the system to include the scheduled rent increase in the prepayment. Disabling the setting will calculate the current rate for all charges in the prepay.
Commercial
Checking this box will exclude any tenant marked as a business from all yield management plans.
Rate Change Letters
This field allows you to specify when rate change letters will be sent.
Time Since Last Change
This field lets you specify the minimum number of days that must pass before a rate change.
When you have finished with your edits, click the Save button to save your changes.