Track Long-Term Rentals

Tips and Notes | Short Term Rentals

Pro

Some retailers rent equipment long term, generally billing the customer on a monthly basis. Music stores, for example, often rent instruments this way.

Example of Long-term Rental Tracking

The following example is for renting pianos by the month, using sales orders, and assumes you will use QuickBooks financial software to send monthly statements to the customer. Adjust this procedure to fit your long-term rental needs.

Set up inventory and preferences

Rent out a piano

View the pianos out on rental

Handle monthly billing statements

Record piano rental returns

Related Topics

Rental tracking overview

Create a sales order