Back

Using standard Business Central functionality for smart Invoicing, avoids extra manual processes

Why use Rental Management?
Video 2/4
Close
  • Helpful
  • Not helpful
  • Needs update
  • Technical error
A beginner video is for people with little or no experience with Business Central. It is explained thoroughly and is easy to understand. Beginner Watch the "basic" videos to take the tour of the main processes of Business Central. This is the basic, need-to-use functionality. The Basics This video includes functionality from the app "Rental Management" which is available at Microsoft AppSource. Click to visit AppSource. Rental Management

Playlists  Manage

Log in to create a playlist or see your existing playlists.

Open Playlist
Presenter: Sune Lohse, Chief Strategy Officer

One of the reasons for using rental management is the smart batch invoicing, or at least the smart invoicing of sales orders, which you can do again and again if an item is rented out on a further basis.

This is what happens in the video

So in this example, we have a return date expected on October 10.

This is the last thing we knew.

And we rented it out from September 20.

And we can see those 5 to ship, quantity shipped 11.

But maybe now we are in November, and the customer actually had this item rented for even further days.

And with this functionality, when we do the periodic renting, the posting, now it will only use this order, but this could apply to all orders.

And let’s say that we are now in November, somewhere, November 10, for instance, and we’re going to post on this date.

And the return transfer order hasn’t come back so the customer still has the items, it will also automatically figure out to actually move the sales order.

So you can see now the quantity is quite more days in here, the rental quantities and you can see here the rental period goes until October 10.

So as long as the returning transfer order hasn’t come back, it will just postpone the rental period automatically.

So the returning transfer order is determining when the rental period stops.

And this will be done automatically but the sales order and all the posting would be a completely standard posting of resources with quantity.

So we just made the quantity of days that you actually rent the item being the invoice functionality, and thereby, the posting is all standard business central functionality.

752842438-aFdq6mnNcMI-ENG22090208