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QuickBooks POS Pro 18.0 EMV Bundle w/Merchant Services
QuickBooks POS Pro 18.0 EMV Bundle w/Merchant Services
$3 315.00
$1 399.00

QuickBooks POS Multi-Store 18.0 ADD A SEAT w/Merchant Services
QuickBooks POS Multi-Store 18.0 ADD A SEAT w/Merchant Services
$2 700.00
$849.00

QuickBooks Point of Sale Multi-Store 18.0 ADD A STORE
QuickBooks Point of Sale Multi-Store 18.0 ADD A STORE
$2 700.00
$1 149.00

QuickBooks POS Multi-Store 18.0 NEW USER w/Merchant Services
QuickBooks POS Multi-Store 18.0 NEW USER w/Merchant Services
$2 700.00
$849.00

Process rental equipment transactions in QuickBooks Point of Sale v 11.

Questions on the software? Call us at 800-609-0788!

If the nature of your business causes you to make rental items available to your customers, you may follow these steps to accomplish that.

Detailed Instructions

To process rental equipment transactions:

  1. Create an inventory item to represent the equipment. Use a cost of zero, a price of zero and a quantity equal to the number of units the company owns.
  2. Create a non-inventory item called Deposit on Equipment and assign a price of zero.
  3. Create a non-inventory item called Rental Fee and assign a price of zero.
  4. Create a receipt with the inventory item representing the equipment being rented on the first line and the Deposit on Equipment item on the second line. While the first line should reflect a price of zero, the second line should reflect the amount of the deposit being made.
  5. Record the receipt, taking the payment by credit card, check or cash as is appropriate.
  6. When the equipment is returned, locate receipt which was created to reflect the deposit on the equipment and reverse it, thereby making the refund to the customer. If the deposit was placed using a credit card, the reversing process will automatically refund the amount on the credit card. The reversal of this receipt also places the equipment back in inventory so it may be tracked properly.
  7. Create a receipt using the non-inventory item called Rental Fee and enter the appropriate amount for the rental charge. Accept payment.

Note: If you are using QuickBooks with Point of Sale, you will usually wish to track rental equipment as a fixed asset in QuickBooks so it may be depreciated. You may wish to seek advice from an accountant on this issue.

QuickBooks POS Pro 18.0 EMV Bundle w/Merchant Services
QuickBooks POS Pro 18.0 EMV Bundle w/Merchant Services
$3 315.00
$1 399.00


QuickBooks POS Multi-Store 18.0 w/ EMV Peripherals Bundle
QuickBooks POS Multi-Store 18.0 w/ EMV Peripherals Bundle
$3 515.00
$1 899.00


QuickBooks Point of Sale Basic 18.0 ADD A SEAT
QuickBooks Point of Sale Basic 18.0 ADD A SEAT
$1 800.00
$849.00


QuickBooks POS Multi-Store 18.0 w/ Peripherals Bundle
QuickBooks POS Multi-Store 18.0 w/ Peripherals Bundle
$3 275.00
$1 724.00


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QuickBooks POS Basic 18.0 3pc Bundle w/Merchant Services
QuickBooks POS Basic 18.0 3pc Bundle w/Merchant Services
$2 365.00
$1 195.00


QuickBooks POS Multi-Store 18.0 NEW USER w/Merchant Services
QuickBooks POS Multi-Store 18.0 NEW USER w/Merchant Services
$2 700.00
$849.00


QuickBooks Point of Sale Basic 18.0 NEW USER w/Merchant Services
QuickBooks Point of Sale Basic 18.0 NEW USER w/Merchant Services
$1 800.00
$545.00


QuickBooks Point of Sale Multi-Store 18.0 ADD A SEAT
QuickBooks Point of Sale Multi-Store 18.0 ADD A SEAT
$2 700.00
$1 149.00



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