Before you activate the connection :-
Create your Room in SETTINGS -> PROPERTIES -> ROOMS-> SETUP
*Note : Leave Minimum Stay = None and Minimum Price = 0.00 (or your minimum) PriceLabs can NOT cut/reduce these values.
Create a Daily price in SETTINGS -> PROPERTIES -> ROOMS -> DAILY PRICES, set the details, rules.
*Note : Leave Minimum Stay as None (or your minimum) PriceLabs can NOT cut/reduce these values.