How do I manage rental sales in inFlow?

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Some companies provide rental or borrowing services to their clients and like to track the movement of their equipment as well as the rental purchase. To do so you can set up products for your equipment as well as a service item for your rental fee. The process goes a little something like this:

Set up equipment record for each of your items:

  1. Go to Main Menu > Inventory > New Product.
  2. Enter the serial or unit number as your item code (eg. Jumping Castle #3).
  3. Set the inventory level to 1.
  4. Save the record.

Set up rental fee record for your item:

  1. Create new Product and enter ” Rental Fee” as item code (eg. Jumping Castle Rental Fee)
  2. Set the product up as a service (so it does not track inventory).
  3. Save the record.

When you make a sale you would add both items to the invoice– the item as well as the fee– so that when the item comes back to you you can return it without the system trying to have you repay your fee.

This allows you to see who has rented this unit, when it left your inventory and went it was returned (directly from the product record by clicking the movement history tab).

Yun Ling
Archon Systems
w,
+1.866.923.4974
260 Carlaw Ave #397
Toronto, ON, M4M 3L1
Canada
July 17, 2012