The “Manually Correct Actuals” report allows you to correct historical data, which is crucial for accurate forecasts and recommended prices in RevControl. Adjust blue cells per segment or totals and save changes.
The “Manually Correct Actuals” report in RevControl allows you to manually correct historical data. This is particularly useful during new installations where the Property Management System (PMS) cannot provide historical data. This data is crucial as it is used to calculate forecasts, which directly influence the recommended prices generated by RevControl.
Where to find it?
You can find the Manually Correct Actuals report under Reports > Business on the Books > Manually Correct Actuals in RevControl.
What do you see in the Manually Correct Actuals report?
The report provides an overview of historical booking data, including room nights (RN), room revenue (Rev), and other relevant KPIs. The blue cells in the report are editable, allowing you to manually adjust data to correct errors or fill in missing information.
How to use the Manually Correct Actuals report?
- Select the date: Choose the date for which you want to correct the historical data. This opens the editable (blue) cells in the report for that specific day.
- Correct data: Click on a blue cell to adjust the value. This may be necessary to correct erroneous entries or fill in missing data.
- Segments or totals: Enter data per segment or just the totals, depending on your required level of detail.
- Save changes: Save your corrections to confirm the changes.
Why is it important?
Accurate historical data is essential for calculating reliable forecasts and generating correct recommended prices in RevControl. By manually correcting this data, you ensure that your analyses and strategic decisions are based on complete and accurate information.