Rental Management
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Rental Management System

Maximize your rental profitability with the HBS Rental Management System application.   Rent any equipment in your fleet.  You have rental or rent to own options with every transaction.  Rent accessories and equipment separately or at the same time.  Add accessories to a rental contract any time.

Rental Management System integrates into the rest of the HBS system.  So, you don’t have to worry about accounting transactions on each contract.  Once set up, they’re handled.

Plus, Rental Management System has many reports that will help you stay on top of your rental fleet and your rental profitability.

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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.

 

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Rentals


Control your rental equipment with the Rental Management System and watch your profits improve....

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