How does recurring rental billing work from delivery to invoice
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How does recurring rental billing work from delivery to invoice. Nothing is billed by typing quantities. Rent comes from tickets:
The steps, written out
- A rental agreement holds the rules: billing cycle, timing, rates, minimum hire, discount and payment terms.
- When a Delivery ticket is Completed, those items start accruing rent; when a Return ticket is Completed, rent stops. Transfers move rent between agreements.
- Every night at about 1:00 AM Eastern the system compares what should have been billed with what has already been billed and creates one Rental invoice per agreement for the difference, together with any transport, labour, consumables, and approved damage or extra charges.
- The invoice is emailed (or held as Draft for review), then dunning, autopay and late fees take over.
Tip
Because it compares to what was already billed, running it twice never bills twice.