Rounding Rules

Use Rounding Rules to ensure that the values of your pricing decisions end a specific way. For example, G3 RMS calculates an Optimal Price of 196.42. Due to guest perceptions, you want to offer a price of 199.00. You can set rules for the system to round the pricing decision and 199 is the Final Price The value of the pricing decision that G3 RMS sends to the selling systems. Final Price is derived from the system's Optimal Price, after applying rounding rules, offsets and supplements (if applicable). Final Price also includes your configured tax value, if you are using tax-inclusive (VAT) pricing. that G3 RMS sends to your selling systems.

What Help Do You Need With Rounding Rules?

I want to see other rounding scenarios.
I want to learn about the best practices for using Rounding Rules.
I want to understand how to share our pricing strategy with G3 RMS through pricing setup.

Setup Steps

You can ensure rounding for each specific place value in a number, up to the 10,000 place and including two decimal places. The columns on the Rounding Rules grid represent the number values for your pricing decisions. The ALL selection for a place value indicates that it accepts any numerical values.

Click , then Decisions, and then Pricing.
Click Advanced Settings .
Click Rounding Rules.
Review the default rules and, if needed, change the place values to round:
1. Retain the ALL selection for place values that you do not want rounded. In other words, selecting ALL makes numbers 0-9 available for the place value.
2. Deselect ALL to select one or several specific values for any place in the number.
Click Save.
Under Product, select an independent product that needs different rounding rules and repeat steps 5. and 6.

When you change Pricing Configuration, a sync flag displays in the menu bar to indicate that your changes impact the system's forecast and decisions. See Sync for more information.

Best Practices

Understand when G3 RMS Applies Rounding Rules

G3 RMS applies price rounding rules to produce the Final Price The value of the pricing decision that G3 RMS sends to the selling systems. Final Price is derived from the system's Optimal Price, after applying rounding rules, offsets and supplements (if applicable). Final Price also includes your configured tax value, if you are using tax-inclusive (VAT) pricing. value.

For the Base Room Type, G3 RMS applies rounding rules to the Optimal Price to determine Final Price.
To price the other room types in the Room Class, the system applies Offsets to the Optimal Price of the Base Room Type. Then it applies rounding rules to determine Final Price.

See Final Price Calculation for an overview of how G3 RMS considers rounding rules, offsets, supplements, and minimum change values.

Align Your Floor and Ceiling Values with Your Rounding Warnings

A warning displays if your Floor and Ceiling values in Pricing setup do not meet your rounding requirements. For example, your rounding rule requires all prices to end with 9.00, but you try to save a Ceiling value of 500. If you continue and save the 500, the system’s Final Price will never be more than 499.

A warning also displays in Pricing if your override values do not comply with your rounding rules. Using the above example, you would not be able to set a pricing override of 500.

Understand How Rounding Works with Offsets

Be aware of how the addition of both offsets and rounding to non-base room types can result in unexpected prices, especially if you use Percentage offsets. For example, the system's pricing decision for the Base Room Type is 97.33. Rounding the 1's place value to the nearest 9 brings this price to 99.00. A different room type has a 5% offset and, therefore, has a price of 102.20. The same rounding rule applied to this price brings it back down to 99.00.

In this case, you might not have expected that the two room types have the same price. In other cases, you might be surprised by an unexpectedly large gap between the room types. For more details, view Final Price Calculation.

Consider that Changes Trigger Decision Uploads

If you change the Rounding Rules, G3 RMS ignores the Minimum Change Value and sends any pricing decisions that changed as a result of the new pricing setup . For example, if decisions must now end in .99, G3 RMS updates and sends any future decisions that changed as a result (it does not send decisions that already ended in .99).

Scenarios

Review these examples to understand how rounding rules behave. The place values that are not noted in these examples use the ALL selection.

Optimal Price	Rounding Rule	Rounded Price	Selected Setting
123.44	End with .99	122.99	Pricing Ending 1/10's = 9 Price Ending 1/100's = 9
139.46	End with .50	139.50	Price Ending 1/10's = 5 Price Ending 1/100's = 0
1,341.69	Round to the nearest 0 or 5, end with .00	1,340.00	Price Rounding 1's = 0 and 5 Price Ending 1/10's = 0 Price Ending 1/100's = 0
408.00	Round to the nearest 10, end with .00	410.00	Price Rounding 1's = 0 Price Ending 1/10's = 0 Price Ending 1/100's = 0
1,039.34	Round to the nearest 50, end with .00	1,050.00	Pricing Rounding 10's = 0 and 5 Price Rounding 1's = 0 Price Ending 1/10's = 0 Price Ending 1/100's = 0
2,173.78	Round 100's to the nearest even value, end with .00	2,200.00	Pricing Rounding 100's = 0, 2, 4, 6 and 8 Price Rounding 10's = 0 Price Rounding 1's = 0 Price Ending 1/10's = 0 Price Ending 1/100's = 0