Indivia EXO Rental & Leasing Module

    i-Rental is Indivia’s rental module - ideal for businesses that rent products for short or long term periods.

    Module Capabilities
    Indivia’s rental module is ideal for businesses that rent products for short or long term. Billing frequencies can be established and used to bill customers for long term rentals. Freight can be added to new rentals, and penalties for overdue returns can be applied.

    Rentals can be made from rental stock, or alternatively, if no rental stock is available, sale-able stock can be automatically transferred to the rental location and the rented out to the customer*.

    For businesses that have large amounts of rental equipment in stock that is depreciated monthly using the EXO Asset Management module, the i-Rental module will automatically process the stock transfer from the saleable stock location to the rental stock location, and will perform the background journals to move the asset value from stock on hand to fixed assets, and will automatically create the asset ready for the next depreciation cycle.

    The i-Rental module supports multiple stock and rental stock locations, and allows return of rental items to any rental stock location.

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