Hi Ranjan,
Would you please elaborate your point? Your comment is in relation to what (or which post)?
I would like to think "in a simple manner" - My company gives 5 computers for rent for a year, every month I bill the customer for the usage of these 5 computers.
Initially the computers are setup in the customer's office & then used for a year.
Furthermore, I may own these computers - via manufacturing them or via hiring them from a vendor. But for my customer, these computers belong to my company and they, therefore have to pay rent, for their usage.
After the end of one year, I arrange for the computers (my equipment) to be brought back to my warehouse.
Typewriter
| | | ---------------Original Message---------------
From: Rajan Subbaraman
Sent: Wednesday, August 10, 2011 10:06 AM
Subject: How to setup equipment rental process
Keep in mind the equipment rented is not a trading material, It is an
asset. |
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