Senior Living Communities

Creating Living Unit Rate Types

You create Living Unit Rate Types to use in your Living Unit Listing setup to define the rate type for each room. Living Unit Rates are used as a filter in the Rate Schedule setup.

You should have 1 Living Unit  Rate Type for every different living units type you have in your community. 

  1. From one of the following:

    • Single Community: Billing > Setup > Billing Setup > Living Unit Rate Types

    • Multi-Community: Management Console > Standards > Financial Management > Billing Setup > Living Unit Rate Types 

  2. Click New.

  3. Enter a unique Short Description.

  4. Select the appropriate Category.

  5. Click Save.

  • Living Unit Rate Types can be configured to Living Unit Type Relationships.

  • Living Unit Rate Types are used in your Living Unit Listing.

  • If your organization has the default rate type, you can edit and rename it to be the most common room rate type in your community so you have less updates to make in your living units listing.

  • Living Unit Rate Types are used in the Rate Schedule living unitsetup.

  • Living Unit Rate Types determine how much a resident is billed based on the living units they are assigned too. 

  • You need to have Rate Type Categories completed.