Follow the steps in Setting Up Rentals
to set up a long term rental.
You can click Agreement
on the Service
Contracts form to launch the Service Contract Rental Agreement form.
Follow these steps to invoice a long term rental:
-
Run the Contracts to be Invoiced Report for the
current date to preview the rental billings.
-
Run the Service Contract Invoicing
utility for the current date to process and print the invoice.
-
After running Service
Contract Invoicing, an A/R invoice record is created.
-
Use the Invoice Posting form to
update the customer balance.
-
Use the A/R Payments form to accept
payments for the contract.
-
If you have the Point
of Sale module, click Checkout on the
Service Contracts form to launch the
POS Checkout/Checkin form.
Click Logon to log in to a cash drawer
using the POS Logon form. Process the
rental billing at a counter and transact the payment.
You can adjust the Contract Lines in the Details section of the
POS Checkout/Checkin form.
When the payments match the Total Due,
the Balance is 0, and you can click
Process.
Use the Item Rental History Report to review the
rental history of an item.