Concepts Tasks Settings Equipment Rentals Contents Creating Supplier Resources and Defining Rental Rates for Tool Rentals Creating Requisitions for Tool Rentals Creating an Equipment Rental Purchase Order Receiving Rental Equipment Returning Rental Equipment to Suppliers Viewing Rental Equipment Costs The equipment rental cycle consists of the following steps: • The need for the tool is identified as a requirement on a work order task. • A purchase order is created. The purchase order is identified as a rental type order. • The work order task is scheduled (optional). • The equipment is received from the supplier. • When the work is complete, the equipment is returned to the supplier and the work order task is charged based on the time the equipment was rented.
