Equipment Rental Rental Management Rental processes Rental and sales Rental agreements and pricing
You can define consumption price components on the rental agreement. First, set up the consumption groups.
Consumption groups contain items for billing based on usage and link the price to meter readings.
You can set up two consumption price types:
Consumption-charge
Consumption-driven
Rental manager
Rental manager
Start
Start
Define
consumption
groups on Rental
agreement line
(Agreement level)
Define consumption groups on Rental agreement line (Agreement level)
Procedure
1. Go to Rental order management > Rental agreements > All rental agreements.
2. In the list, click the link in the selected row.
3. Click Details.
4. Click Edit.
5. Select Yes in the Add consumption price field.
6. Click Save.
7. Expand the Consumption price section.
8. Click New.
9. In the list, mark the selected row.
10. In the Consumption group id field, enter or select a value.
11. Click Save.
12. Click Save.
13. Close the page.
Define
consumption price
components
(Rental type,
group level)
Define consumption price components (Rental type, group level)
Procedure
1. Go to Rental order management > Rental agreements > All rental agreements.
2. In the list, click the link in the selected row.
3. Click Details.
4. In the list, find and select the desired record.
5. Click Edit.
6. Select the Active check box.
7. In the list, mark the selected row.
8. In the Consumption price field, enter a number.
9. In the Per field, enter or select a value.
10. In the Per field, type a value.
11. In the list, find and select the desired record.
12. In the Consumption price field, enter a number.
13. In the Per field, enter or select a value.
14. In the Per field, type a value.
15. Click Price tiers.
16. Click New.
17. In the Consumption to field, enter a number.
18. In the Multiplier field, enter a number.
19. Use the shortcut for saving a record.
20. Close the page.
End
End
Activities
Create consumption groups
It is possible to define the consumption price components on the Rental agreement.
To manage the consumption price, you have to setup the consumption groups. The consumption groups must be setup with list of consumption that can be used for consumption based billing. The consumption groups are used for connecting the consumption price with actual meter registration.
You can setup 2 types of Consumption price on the Rental agreement:
Consumption-charge
Consumption-driven
