1. Equipment Rental
  2. Rental Management
  3. Rental processes
  4. Rental and sales
  5. Rental agreements and pricing
  6. Manage rental agreements for consumption price components

Create consumption groups

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

Name Responsible Description

Define consumption groups on Rental agreement line (Agreement level)

Rental manager

Define consumption price components (Rental type, group level)

Rental manager

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