Creating and Invoicing a Long Term Rental Agreement

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.