Editing a revenue center or a revenue center period in Forecast Structure

You can edit a revenue center or a revenue center period in the Revenue Centers view of the Forecast Structure screen.

In the upper-left corner of the screen, select Access your applications ( ).
The menu expands.

Select Setup > Forecast Structure.
The Forecast Structure screen appears. The KBIs view is the default view for the screen.

In the Forecast Structure menu pane, select Revenue ( ).
The Revenue Centers view appears.

In the Revenue Centers section, select the revenue center or period that you want to edit. If necessary, expand ( ) the tree menu or use the Search ( ) field to find the revenue center or period.
The Details section updates based on your selection.

Edit the information in the details and planning sections.

Fields for Revenue Center Period - Details:

Fields on the Revenue Center Period Details section

Field	Description	Notes
Name	Name of the revenue center period.	Required.
Unit	Type of unit applied to the revenue center period.
KBI	KBI associated with the revenue center period.	Read-only.
Variance Percentage Warning Thresholds—Sets thresholds for the specific revenue center period in the Edit Revenue Center screen. Note: Property-wide settings are configured on the Property Labor/Scheduler Setup screen.
Inherit Default	—If turned on, these values are inherited from the property settings, which are configured on the Property Labor/Scheduler screen. —If turned off, you can enter values for the revenue center period.	If turned on ( ), the Moderate Level and Critical Level fields are unavailable. If turned off ( ), the Moderate Level and Critical Level fields can be edited.
Moderate Level	Sets the percentage for the moderate level. On the Edit Revenue Center screen, moderate warning indicators appear in yellow.	Default: 10% If Inherit Default is turned on ( ), this field is unavailable and displays the read-only value entered on the Property Labor/Scheduler screen. If Inherit Default is turned off ( ), this field can be edited.
Critical Level	Sets the percentage for the critical level. On the Edit Revenue Center screen, critical warning indicators appear in red.	Default: 20% If Inherit Default is turned on ( ), this field is unavailable and displays the read-only value entered on the Property Labor/Scheduler screen. If Inherit Default is turned off ( ), this field can be edited.

Fields for the Planning section of the selected revenue center period:

Fields on the Planning section for the selected revenue center period

Field	Description	Notes
Calendar Plan	Select whether the revenue center period is open or closed on a seasonal basis.
Capture Ratio KBI	Select a KBI to be used as the denominator in the calculation of a capture ratio. A capture ratio is a common forecasting-related metric that is used to evaluate the percentage of potential business that a Revenue Center is generating.	The numerator of the capture ratio is the KBI for the Revenue Center Period that you are configuring.
Same value for all days	Select the check box to configure all days at one time, with the same values. If the check box is selected, the values table displays only one row. If the check box is cleared, the values table displays a row for each day of the week, and you must configure each day separately.
Values table
Start Time	Type the start time for every day of the week the revenue center is open, or for every day the service, defined by the period you are creating, is offered. For example, you create a breakfast period for a restaurant that is open seven days a week but only serves breakfast five days a week. In this case you must enter a Start Time and End Time for the five days breakfast is served and select the Open check box for each day. Do not enter times and leave the Open box cleared for each day the period is closed for breakfast.	Enter the time using either the 12-hour or 24-hour format. RMS automatically converts your entry to the format established by your configuration settings.
End Time	Enter the end time for every day on which a start time was entered.	Enter the time using either the 12-hour or 24-hour format.RMS automatically converts your entry to the format established by your configuration settings.
Capacity	Type the number for the total capacity (typical seating) of the revenue center. The number you enter should be the maximum available or "0". Generally, this field only applies to restaurants. Do not enter a number in this field if the revenue center does not have seating (retail outlets, etc.) or if the seats available have no impact on staffing (lounges, etc.). RMS uses the number in the Capacity field to develop labor requirements and to determine when guest demand exceeds capacity.
Retention	Type the number for the average time a guest spends occupying a seat during a period. The number you enter in the Retention field will probably be different for each meal period that you define for a revenue center. RMS uses the number in the Retention field and other relevant data when calculating labor requirements. Retention is only applicable when service is delivered through multiple encounters with a customer—for example, taking an order, delivering drinks, delivering a meal, and so on.	Enter retention times in hour and minute increments. For example, one and one-half hours would be entered as 01:30.
Utilization	Type the percentage of available seats that are usually occupied during the period you are creating. For example, if three out of four seats are used during a meal period, you would type 75 (to represent 75 percent) in the Utilization field. RMS uses the number in the Utilization field to develop labor requirements.
Open	Select the check box if the revenue center is open for business.
Min Volume	Type the minimum volume required each day for the revenue center to be opened. For example, if 100 covers are required, type 100. If there is no minimum required, type 0. If you enter a minimum volume number and the forecast volume is lower than that number, RMS will consider the period closed.

Your changes are automatically saved.