Equipment rental management software allows equipment owners to set up rental agreements, track invoices and rental returns. SOS Inventory’s software organizes and catalogues stock and generates sales orders in sync with their QuickBooks Online accounts. You can generate monthly invoices through your QuickBooks Online account; simply use your description box in SOS Inventory.
SOS Inventory is ideal for many industries including:
Party Rental Equipment
Rental Management Software – What it Needs to Do
Create a customized report on the fly or generate one of over 60 reports for your upcoming meeting or quarterly report. SOS Inventory makes it easy to do with just a click of a button. Need to generate certain reports every month? Simply schedule your report, receive a notification and download it at your convenience.
Make updates to your agreement as needed to maintain the most accurate information – an absolute must in the event of an audit. Everything is traceable and trackable for compete compliance and precision.
Automate invoices monthly to save time and maintain accurate records through your QBO account. Track inventory on the monthly calendar and click to view the details of the rental agreement.
The Best Rental Management Software
SOS Inventory has processed millions of transactions since its inception in 2009. As the top-ranking inventory application designed specifically for QuickBooks Online, we’ve earned a stellar reputation for our powerful functionality, superior customer service and undeniable affordability.
Rent Manager Software
SOS Inventory allows your equipment sales and rentals to remain compliant in any currency, providing functionality to store data, tabulate rates and taxes for your region and automate the process of tying your rentals with your accounting software; SOS provides complete ERP functionality.
At one time, not so long ago, it was simpler to manage all your equipment rentals on a desktop spreadsheet. Since the adoption of more complex tax laws affecting rentals, it has become at once necessary and indispensable to use a software service for managing rental operations and integrating them with accounting software. New laws necessitate the management of additional data points, a difficult task to conquer on a simple spreadsheet. When you need to track many points of data across multiple entries, it’s easy to misplace a decimal or mistype a digit. A small error can carry across multiple entries and transactions, requiring you backtrack to identify an error when tracking in a spreadsheet. All this tedious work is quickly and painlessly replaced with SOS equipment rental software features.
Equipment Rental Software Features
Import all your data directly from QuickBooks Online during the setup process.
Choose the level of service to suit your business’s needs – self-service sync in as little as an hour or full-service integration with a ProAdvisor on site at your business.
Streamline all your operations at a single site or across many.
Schedule and save orders to eliminate future conflicts.
Lower costs and increase ROI with the software designed to manage all your information.
Use our iOS application to manage your inventory from any mobile device – ideal for working remotely or out in the field.
Scan equipment barcodes to import information and update inventory on the spot.
Enabling Rental Settings with SOS Inventory
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To access SOS Inventory’s Rentals and Returns features, simply visit your settings menu, select “inventory settings” and check the “rental inventory” option. Now, when you return to the main menu, under “transactions” you will see a Rentals menu on the More Transactions menu of the Operations Menu, and you will also have an additional location called “Out for Rental,” which will contain all items that are currently rented. This location is non-nettable.
Any time a customer rents an item, you may enter a transaction on the More Transaction > Rentals menu, indicating the item and due date. Upon return of that item, a rental return transaction is generated. Customers will continue to be billed via invoices, sales receipts or other related transactions.
To view all items that are out for rental or available for rental, use the Operations Menu > Reports > Miscellaneous > Rental Calendar feature. Note that your rental items must be serialized to view item-level detail on the Rental Calendar. You can also use the Calendar from the Operations Menu to see when rentals are due, as well.