Define Internal Rental Price List

Explanation

This activity is used to define an internal rental price list. When renting your own assets internally to a project or to a work order, the internal rental price lists can be used to define daily recovery rates for usage of a given asset. On your projects, you can link to a specific price list per project, or if no linking has been done, the default price list for the company that the project belongs to will be used. For project connect work orders, the price is used from the price list linked to the project. If there is no price list linked to the project, then the price list default for the company will be used.  When entering rental demand for a project activity or for a work order, the price will be fetched by the relevant price list and will be used for both calculating planned cost for the rental line as well as for being used when generating rental transactions for the rental line.

Prerequisites

None.

System Effects

Prices will be set on the Project Navigator/Demand/Misc. Rental Parts window demand lines according to the relevant price list when sourced internally.

Window

Internal Rental Price List

Related Window Descriptions

Internal Rental Price List
Project/General

Procedure

  1. Open the Internal Rental Price List window.
  2. Create a new record, enter values in the Price List No and Description fields.
  3. If required, change the suggested value for the company.
  4. If required, select the Default Price List check box (note that only one price list per company can be set as default.
  5. Save.
  6. Enter lines with prices as required.
  7. Save.