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Rental Management Software
Customer–location rental accounts for equipment and property; accruals, returns, payments, proposals, and reports.
- Rental accounts (customer + location)
- Segment-based earned revenue
- Rent out and return
- Payments and timeline
Key features
Core capabilities and benefits this solution delivers.
Rental accounts (customer + location)
One account per customer/location pair within a workspace. Additional rent-outs append to the open account or create it if missing—similar to a running account without a separate contract entity.
Segment-based earned revenue
Each line earns from its start date; partial returns create segments (e.g., 10 units 5 days, then 7 units 5 days). Balance due equals earned revenue minus payments; overpayments are highlighted.
Rent out and return
Modal workflow: Rent Out (customer/location or account, date, line items with qty, unit price, period) and Return (pick account, active lines, partial or full quantities, return date). Full return closes the line.
Payments and timeline
Record payments per account with amount, date, method (cash, wire, EFT, check), reference, and notes. Timeline lists rent-outs, returns, and payments chronologically.
Rentable item catalog
Define items with name, unit, default price, period, optional multiplier, and optional product link for stock integration. Pick from catalog or enter free-text lines on rent-out.
Rental proposals
Push draft lines to the Proposal module, edit, PDF, and send; Convert to Rental turns an accepted quote into accounts and positions with traceability.
Reports and export
Operational dashboard, financial period summaries, and customer detail with location breakdown plus timeline. Export detailed Excel and summary PDF.
Settings
Default billing period, currency, and optional stock linkage.
9 Details
What does Rental Tracking provide?
YelkenRent models equipment or product rentals with customer–location accounts. The sections below explain balances, earned revenue math, and workflows.