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Unlimited rental contracts - Keep as many
contracts open or in process as you need. |
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Contract numbering sequence - Establish
your own contract numbering system, or let the
system do it for you. |
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Flexible Grace Periods - Set up your own
grace periods for each piece of equipment - from
several days to none at all. |
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Percentage of Revenues to Cost - Set up
and maintain your own percentages of rental revenue
that is charged as cost. |
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Percentage of Revenues to Depreciation -
Determine what percentage of rental revenue will go
to depreciation. |
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Sales Tax Limits - Set your own local tax
requirements to make sure you collect and report
rental equipment taxes properly. |
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Standard Rental "Month" - Choose between
calendar and "28 day" month |
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General Ledger Accounts - Once G/L
accounts are set, all transactions can automatically
be posted to the proper accounts. |
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Rental Categories - Define your own
rental categories. Enter up to 999 unique rental
categories. Use them to group like items together
for better management and more consistent rental
revenues. |
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Miscellaneous Charges - Set up and
maintain your own standard charges for miscellaneous
items like gasoline, oil, cleaning, delivery,
environmental charges, etc. |
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Comment Printing -
You can write and
print comments for each unit on a rental contract.
Very handy if you have multiple units going to
different locations. |
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Easy Unit Exchange -
When the need
arises, and you have to exchange a rental unit, it’s
no problem with RMS. Simply recall the ticket,
place the replacement unit on the ticket marked as
the replacement, and you’re done. You even have a
full accounting trail for each unit. |
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Automatic billing -
Once units are set up
for frequency billing - weekly, monthly, quarterly,
etc. - the unit(s) will be billed automatically when
you process the period’s bills. No need to keep
track of each bill, No need to wonder if a unit was
billed out. |
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Multi-level accounting -
You can have
maximum control over accounting, with up to three
levels of accounting detail - General, Category, and
Unit level accounting detail. |