Key Details:
A rental contract serves as the primary record for governing the duration, pricing, and specific conditions of the rental transaction.
- System Category: This charge is factored into the Opportunity – General (Summary) section under Estimated Revenue.
- Calculation Base: Costs are typically influenced by the Distance (Miles) between the depot and the drop-off point.
- Freight Terms Integration: The application of these charges depends on the selected Freight Terms, such as FOB (Free on Board), where the seller covers costs until the asset reaches the site.
- Transport Mode: The rate may vary depending on whether the asset is categorized as Drive (self-propelled) or Haul (requiring a secondary transport vehicle).
Use Case Example
A customer plans to rent construction machinery for 3 months at a rate of $5,000 per month. To ensure the equipment reaches the site, an additional $1,500 is added as a Delivery Charge (including setup). The system then calculates the Estimated Revenue for this opportunity as $16,500 ($15,000 for rent + $1,500 for delivery).