Reports with the Rate Code

Q: Is there a way to generate a report that includes the rate code and rate description?

No, those are just for your reference when selecting rates and aren't stored with the transactions.

If you need more detailed reporting than you're getting now, then set up Transaction Categories according to the reporting classifications you need (see Maintenance / Pick Lists), then select the appropriate category in the Charge transaction for each of your Rates.  You could have a separate category for each rate if you really wanted to, and it would report those transactions accordingly.  Note however that this will not affect any transactions already added to reservations -- only those added from now on.

IMPORTANT -- Don't delete existing Transaction Categories or else any previous transactions using those categories will be corrupted and will not longer report properly!