Setting Up Rentals
Follow these steps to set up a rental contract agreement:
-
On the
Service Items form, set up each item to be
rented.
On the General tab, specify the values for the fields in the Other section. Specify a meter Label if you need to calculate the rental amounts by meter.
On the Contract Rate tab, set up the different rates for service types.
On the Contract Surcharges tab, set up one-time or every time surcharges, and specify which G/L account receives the additional revenue.
On the Item Warehouse tab, set up the items available for rental in each warehouse.
-
On the
Service Types form, set up rental service types.
Follow the steps in Setting Up Service Types.
-
Use the
Service Contracts form to bill for rental
activity.
Follow the steps in Adding a Contract to set up the rental contract. Select the Calculated Billing Type.
-
On the
Lines tab, click
Lines to specify the
equipment to be rented.
Follow the steps in Adding Contract Lines to set up lines for the rental agreement.
Click Available to launch the Contract Item Availability modal form to view the equipment that is available from the warehouse.
- Save the new lines and contract.