1. Equipment Rental
  2. Rental Management
  3. Activities

Create rental type
Task

Create a rental type and assign it to a product to make it available as a rental item.

The following rental type classifications are supported:

  • Bulk: For rental items without serial numbers.
  • Serialized: For rental items that include serial numbers.
  • Virtual: For kit-based rental items. See flow Create and maintain kit for more details.


Standard procedure

1. Go to Business objects > Setup > Rental types.
2. Click New.
3. In the Rental type field, type a meaningful name..
4. In the Description field, type a meaningful description..
5. Expand the Setup section.
6. In the Classification field, select an option.
7. In the Rental posting policy field, enter or select the desired rental posting policy.
8. You can link the rental type to a rental type group.
  In the Rental type group field, enter or select the desired rental type group.
9. In the Invoice profile field, enter or select a value.
 

Note: You can define an invoice profile. If you do so, it overrules the invoice profile of the customer on rental quotations and rental orders.
10. In the Rental calendar field, enter or select a value.
 

Note: You can define a rental calendar. If you do so, it overrules the rental calendar of the customer on rental quotations and rental orders.
11. In the Rate code field, enter or select a value.
 

Note: You can define a rate code. If you do so, it overrules the rate code of the customer on rental quotations and rental orders.
12. Click Save.
13. Close the page.
14. Go to Default dashboard.
Related to Notes

Create rental type

 		 

Create rental type (old or duplicate version 2)

 		 

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