This document describes how rental prices can be simulated. The program 'Rental Price. Simulate' (STS107), with an equivalent STS107MI program, can simulate the total rental price or total sales price without having to create an agreement.
The program 'Rental Agreement. Simulate Totals' (STS105) can simulate the price of a rental agreement, but needs to have an agreement to retrieve the information needed to simulate the price. The program (STS107) and STS107MI will allow the simulation of rental price for a single order line without the need to create an agreement. Based on customer and item number the totals will be simulated.
The simulated price may or may not reflect the prices that will be invoiced in an agreement because final price depends on a number of factors which are line charges, VAT/Tax and stand down period.
(STS107) and STS107MI will only be able to simulate the agreement price of one order line per transaction.
Start 'Rental Price. Simulate' (STS107).
Specify values for the following fields:
Agr Customer, Item number, Order qty, Agr order type, Rental depot and Line type.
These fields are by default set to, or automatically retrieved from various sources:
|Field||Default value||Retrieved from|
|Agr period (valid from)||Today’s date|
|Agr period (valid to)||999999|
|Price list||Rental depot|
|Line type||5 – Hire|
|Currency||Customer master (OCUSMA)|
|Rate type||Agr order type|
|Rate factor||Agr order type|
|Days/week||Agr order type|
The hourly and net hourly rate is only visible if the best price method is set to 3, (graduated, hourly) from the agreement order type.
Press Enter to simulate the price.