About Transaction Rental

Updated by Cheryl Wallace

Transaction Rental is an add-on module that piggybacks on issue and return transactions to charge sales for consumables and rent for inventory.

The preliminary setup requires that at least one stocking point is flagged as a Billing Location. Then a Rate Sheet is created and configured with all parts and the rates being charged. Each employer or non-stocking location being charged rent must be added to the rate sheet prior to the transaction taking place. There are no additional steps for the tool crib operator.

The administrator or user tasked with maintaining the charges will run the Partial Billing to apply charges accrued according to your billing cycle and run reports.

Watch this video for an overview of using the Transaction Rental module, covering the related data, components, and actions and how they fit together transparently on day-to-day transactions, and how to complete a billing cycle.

Related Reports
Billing, Charges, On Rent, Rate Sheet

See also:

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