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
Handle monthly billing statements