NavigateERP for African business

Put an asset up for rental

Rental assets come from your asset register - never a second copy.

Steps

  1. Register the asset in Fixed assets with a rental class (Rental fleet - vehicles, - plant & equipment, or Rental properties) and capitalise it.
  2. Go to Lease & rentals → Rental assets and click Add from the asset register.
  3. Choose the asset, its rental classification and category (e.g. Excavator), its meter (engine hours, odometer or none) and current reading.
  4. Enter its standard rates (hour, day, week, month), included hours or km per day, excess and standby rates, minimum hours per day, location and branch.
  5. Click Add rental asset.

Good to know

  • Cost, depreciation, revaluation and disposal stay in Fixed assets. The asset gets its own code in the "Vehicles & assets" dimension - its depreciation is tagged with it automatically.
  • An asset disposed of in Fixed assets is retired for rental too.