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Rental Price Options

How to create a rental price option

R
Written by Rachel
Updated over a week ago

To create a rental price option, be sure to first learn more about Price Tables.

When you have selected Type = Rental in your price option, you will be be prompted to complete additional fields.  

The Interval from and to indicates the periods.  In the above example for a CPAP rental, it is from 1 - 1 because of the different modifiers that are required for months 2-3, and 4-13. 

In addition to month 1-1 you may also want to create an additional price option for months 2 -3, and one for months 4-13.  In total you would have 3 independent price options for Medicare for this CPAP that he system will use during ongoing rental creation.

Cycle: is used to determine how often you want the rental created  (Daily, Weekly, Monthly)

Lifetime: you can toggle this on to indicate a lifetime rental instead of using 99.

If needed you can indicate additional price option rules including:

Span Date: By default the system is set to bill with an anniversary date as the date of service.  If you need to reflect the date of service  as a date span, you can select this option. 

Bill in Arrears : By default the system will generate the invoice on the initial date of service. If you need an invoice created at the end of the period (date span) you can select this option.

Purchase After:  If at the end of this price option, you would like to end the rental with no additional invoicing needed by selecting this option the system will no longer look for another price option for either purchase or rental and complete the rental.  S

Generate Purchase Invoice: If at the end of this price option, should your item require it to purchase after the rental period, and create a purchase invoice you can choose so here. 

If your item is also a Capped Rental, CLICK HERE.
Otherwise, select save on the bottom right.

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