Accolent ERP provides powerful equipment rental software for distributors
Equipment Rental Software for Distributors
Accolent ERP equipment rental software includes comprehensive functionality for businesses that offer short-term equipment rentals. In keeping with FAS13 (ASC 840) and US GAAP, Accolent ERP accounts for short-term equipment rentals as operating leases in which the lessor retains legal and accounting ownership of the rental equipment. Rental equipment items are treated as fixed assets on the lessor’s Balance Sheet and costs are recorded periodically through depreciation expense.
Rental Products Status Screen
On one screen, see all rental items showing the quantity by status of Available or On-Rental. Drill down into On-Rental items to see the customer, details of the current rental, and expected return-by date and time. For each product easily access the whole history of all rental transactions.
Rental Products may Be Serialized or Not Serialized
Large equipment rental items would typically be serialized, but do not have to be. Each serialized equipment rental item has a full ledger card detailing all transactions in and out, of that serialized rental item. Smaller items of rental equipment that are rented in quantity, such as fence panels or scaffolding, may be serialized but need not be, if recording serial numbers would be too onerous.
Equipment Rentals by the Day or by the Hour
Accolent ERP equipment rental software accommodates rentals by the day or by the hour. Configurable settings specify rental hours per day and whether to count by Business Day or by Calendar Day. Easily add Quantity Break tables to discount pricing for longer rental periods. Automatically charge for an additional day if rental equipment comes back after the return-by time or add a late fee.
Optimized for wholesale distribution across a number of vertical industries: auto parts, building materials, chemicals, fasteners, food & beverage, industrial, jan/san, restaurant supply and more
Accolent ERP Technology
There are good reasons that cloud-based ERP software is rapidly replacing on-premise business software. Learn why experts predict that 5 years from now on premise systems will be obsolete.
Implementation and Training
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Accolent ERP Equipment Rental software
Accolent ERP Equipment Rental software includes these features:
- Rent by day or by the hour
- Set up quantity break pricing for longer rental terms
- Rent by the business day or by calendar day
- Set up monthly billing for long-term rentals
- See status of all rental items on one screen showing by product: total quantity, quantity on-hand, quantity on-rental and transaction history
- Track rental revenue life-to-date by item
- Set up rental items as serialized or non-serialized products
- Sell damaged rental items for salvage value
- Manage depreciation of rental items
Contact Us Today to Demo Accolent ERP Equipment Rental Software
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