Rental Workflow in EQM

To be able to use Rental Agreement in EQM, you need to complete the standard setup for rental in M3 Business Engine.

Note: The workflow below describes how EQM Rental is used when accessed via M3 CLM.

To create a rental quotation, choose Quotation > Create Rental Quote in M3 CLM.

You can create a rental quote on any opportunity or activity in M3 CLM.
After the rental quote is created in M3 CLM, the 'Rental Agreement' panel in EQM opens with an automatically created (temporary) rental agreement header for the customer.
To add rental lines to the temporary rental quotation, click Create from the 'Lines' tab. The program 'Rental agreement. Create' (STS085) opens up.

Note: You can access Create from the 'Equipment search' tab as well. In that case, the program 'Rental agreement. Create' (STS085) will default the selected equipment.
Enter the mandatory fields in 'Rental agreement. Create' (STS085) to create rental line for the temporary rental agreement.
To add line charges, highlight the rental line and click Create on the 'Line Charges' tab

To add additional charges, highlight the rental line and click Create on the 'Additional Charges' tab

To have an overview of the simulated revenue, cost and tax for the temporary rental agreement, select the 'Totals' tab.
When all rental lines and charges are added to the temporary rental agreement, you can convert it to either a quotation or an active rental agreement. This can be done by pressing the icons 'Quotation' or 'Contract' in the 'Lines' tab.