You can use the Set Best Rate, Update Rate, and Recalculate commands for the Booked Location, using the buttons at the top of the edit form.
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Set Best Rate:
oThe Set Best Rate command sets the Event Location's Rate Code to the most "appropriate" rate, based on how well the Event Location matches the criteria set for the Rate Codes.
oThis will change the Event Location's Rate Code Type to "Automatic", if it is not already, and automatically pull in the most appropriate auto-lookup Rate Code, i.e. the rate code for which the Event Location meets the most criteria.
oSee the topic Set Best Rate.
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Update Rate:
oThe Update Rate command updates the Rate Code currently applied to the Event Location to match any changes (e.g. Charge, Cost) made to that Rate back in Setup.
oSee the topic Update Rate.
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Recalculate:
oThe Recalculate command recalculates financials for Booked Locations within an Event, using the Recalculate Option you choose.
oNote that recalculating a Booked Location will update the financials specific to that Booked Location, but not the financials that the Booked Location owns. In other words, recalculating a Booked Location will not recalculate the Resources within that Booked Location.
oSee the topic Recalculate.
