Billing Units
COSMO Rental uses a period of time for which a price is to be entered. For this period of time, a billing unit has to be set up to which a period (day, month, week, and so on) must be assigned.
The fields in this page are described in the following table.
| Field | Description |
|---|---|
| Code | Unique identifier for the billing unit. |
| Type | Period of time that must consist of complete days (days, weeks, etc.). Partial days (minutes, hours) cannot be used for billing units. NOTE: The Quarter and Counter Unit options currently have no functionality. |
| Description | Short description of the billing unit. |
A default billing unit can be defined in the Rental Setup page, which will determine the default billing unit that will be assigned to the Rental Billing Unit field in the General FastTab on all new Rental Quotes, Rental Reservations, and Rental Contracts but can be changed in each document as needed.
Default billing units can also be defined on Rental Items, Machine Types, Machine Component Types, and Supplementary Part Types, which will be transferred to the Rental document line when the rental item/machine is entered. If no billing unit is assigned to the item/machine, then the value from the General FastTab is used.
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