Enter New Rental
The Enter New Rental window may be accessed in one of four ways: 1) click the 
New Rental button on the POS menu; 2) click Modules, click Rental (Long Term) and click Enter New Rental; 3) press Alt M R N on the keyboard; or 4) press Ctrl R on the keyboard.
Enter New Rental is used to enter straight rental contracts, rent to own contracts, sales contracts, simple interest contracts and warranty (service) contracts. All contracts that require a monthly payment stream can be entered, whether interest bearing, non-interest bearing, 2 months or 60 months.
Inventory on contracts other than sales or service will remain in the inventory file but will be coded as out on rent and the customer's account number will be assigned to the item(s). Inventory on sales contracts will be saved to the sales file and removed from the inventory file.
When selecting Enter New Rental, the 'Choose Rental Type' list box will appear. You must select the type of contract that applies to the contract being entered. If the type of contract was not pre-established, click the Add button in order to add it. Refer to 'Rental Defaults' for more information.
Upon selecting the type of rental, you must select the customer account from the 'Pick Customer' list box. If the customer is not found, click the Add button. Refer to 'Add/Change Customer' for information on adding a new customer.
Pictured above is the top portion of the Enter New Contracts window. The description on the upper left of the window and underneath the customer name is taken from the contract default selected.
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