You must invoice sub rental orders after processing them by renting equipment from a vendor. You can invoice sub rental lines periodically for the rental duration.
Match the sub rental invoice to the vendor invoice. On the invoice posting page, use the variance field to enter the vendor invoice amount. During matching, the invoice is compared to the purchase order and checked against the tolerance percentage set in the accounts payable parameters.
You can configure invoice workflows to manage and approve sub rental vendor invoices with a variance.
Use the calculation date when posting to define the end date of the invoice period. The date must match the invoice profile setup for the full period to be invoiced.
Note
You can also consolidate sub rental vendor invoices using the standard invoice consolidation function. Ensure that the invoice period is in the past.