Manage rental product pricing

This article will guide you through the steps to set up multiple prices for a rental product and create advanced pricelists for them.

Requirements

This tutorial requires the installation of the following applications/modules:

Activate the Pricelists feature

Firstly, you need to activate the Pricelists feature by navigating to Rental > Configuration > Settings and then checking on the box next to the Pricelists feature.

Activate the pricelists feature

You will have 2 options for your price list:

  1. Multiple prices per product.

  2. Advanced price rules (discounts, formulas).

Select the corresponding feature as needed and press Save.

Manage multiple recurring prices per product

To set up multiple recurring prices for your rental product, follow the similar steps as Set up the pricelist for products.

At the Applied for section, you will have 3 options:

Applied for
  • Sale Price: the price rule will be applied when you select this pricelist for the Sales order of this product.

  • Recurring Price: the price rule will be applied when you select this pricelist for the Rental order of this product.

  • All Price: this price rule can be applied for both Sales order and Rental order of this product.

Note

In order to apply the rental pricelist for a product, the selected product must be:
  1. Marked as Can be Rent.

  2. At the Applied for section, select All Price or Recurring price.

Manage Advanced price rules

With the Advanced price rules (discounts, formulas) feature, you can set up advanced rules to create discounts or use different formulas to calculate the rental price for your product.

To set up advance price rules for your rental product, follow the similar steps as Pricelists: Manage advance price rules

At the Applied for section, you will have 3 options similar to manage multiple recurring price.

"Applied for" section in advance rule

Note

In order to apply the rental pricelist for a product, the selected product must be:
  1. Marked as Can be Rent.

  2. At the Applied for section, select All Price or Recurring price.

Apply Pricelists

To apply the pricelist, follow the instruction at Apply pricelist.