Overview:
Within Penta Rental Rental Schedules are specific to the Rental Method of charging equipment. The Rental Method allows users to track the location of an asset, while charging it out to a Job. A rental schedule Rental Schedule dictates an amount per day that an asset will charge while on the Job Site. There are two main types of Rental Schedules: Charging an asset to a Job based on a sliding scale percentage (of a fixed monthly rate) or a Flat amount pre day. A sliding scale percentage schedule is where the asset would charge a percentage of a monthly rate that slides with an increasing number of day on the Job. A flat rate schedule would be where an asset charges a fixed amount per day, with that amount potentially varying based on the number of days on site.
Benefits:
- Allows for full usage of PENTA's fixed asset module.
- Enables the ability to track assets while charging them out, eliminating double entry or need for a 3rd party software.
- Allows for the ability to track profitability based on # of days an asset spends on a Job site.
Roles:
- Fixed Asset Manager
- Accounting Manager
...
- Equipment Cost Control> Setup> Rental Schedules
Video:
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