v 14.0 Third Party 59
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Required Apps Sales (sale_management)
Invoicing (account)
Inventory (stock)
Lines of code 3111
Technical Name odoo_sale_rental
LicenseSee License tab
Websitehttps://store.webkul.com/Odoo-Rental-Sale.html
Also available in version v 13.0 v 11.0 v 12.0
You bought this module and need support? Click here!
Required Apps Sales (sale_management)
Invoicing (account)
Inventory (stock)
Lines of code 3111
Technical Name odoo_sale_rental
LicenseSee License tab
Websitehttps://store.webkul.com/Odoo-Rental-Sale.html
Also available in version v 13.0 v 11.0 v 12.0

Odoo Rental Sale

The module allows you to run a rental business using Odoo. You can create the rental products, set their prices and create orders for customers renting them. Draw rental contracts for Odoo products, create sales orders, calculate total rents, manage outgoing and incoming deliveries all in Odoo.

user-guide
User Guide
https://webkul.com/blog/odoo-rental-sale/

Run Your Rental Business From Odoo

Providing products on Rent is a Promising Business idea

You can earn profit by renting your products and customers can use the products at small prices without having to buy them.

  • Rental business offers the customers to rent a product without the compulsion to buy it.
  • Rented products gets returned to business.
  • Earn revenue with rent as the same product can be rented again.

All-In-One Complete Rental Business Management Tool In Odoo

The module provides the complete rental business manager suite in Odoo.
You can create, rent, manage and track 1000s of your products from the same Odoo without the need of any other system.
  • Control the pricing of your rented products using simple or dynamic pricing.
  • Keep track of product outgoing when it is rented out and incoming when it is returned.
  • All the rented contracts and records can be studied and tracked from Odoo itself.
  • No need to manual keep the list of rented products.
  • Provides Auto-calculation of prices according to the set tenure and pricing mechanism. No manual calculation.
  • Eliminate errors in rent calculation.

Types Of Rental Business You can Manage Using The Module

Run any kind of small to big Rental business with the modules. Such as:

  • Leasing Houses, apartments and properties
  • Games rental business
  • Renting Furniture & home decor accessories
  • Equipments Rental
  • Car and automobile Leasing
  • Various professional Gear rental business
  • Clothing Rental
Rental Process

Offers Effective Pricing Models To Calculate Rent smartly

Simple Rent Pricing Dynamic Pricing
  • In this, the total rent for the tenure is calculated by multiplying the rent for one unit by the total tenure.

  • For example:If the rental product is charged @ $5 for one day and total tenure selected is 7 days. Then, the total rent simply becomes 5x7 = $35

  • This method breaks down the entire tenure in various segments and then calculate the tenure for each segment separately.

    • - Say, The Rent for one day is $5.
    • - Discounted Charges for renting for 4 days straight are $18.
    • - Discounted Charges for renting for 7 days are $30.

    Now if the customer books for 13 days, the system first finds the rent corresponding to the longest period slab as in the above the mentioned tenure, then the next longest tenure and so on.


    So, Total Rent = (Rent for 7 days slab= $30 + Rent for 4 days slab= $18 + Rent for 2 days = 2 x $5)


    Therefore, the total rent charged = $58

Detailed Features List

Manage your rental business in Odoo

  • The module provides the structure to manage rental business from Odoo.
  • You can create, rent and track your products using Odoo.

Create rental products and manage their prices in Odoo

  • You can now create rental products in Odoo.
  • The pricing of the rental products is managed on a daily, weekling, hourly, etc basis.
  • You can choose simple pricing or dynamic pricing mechanisms for products. (As mentioned above)

Set the uom for rental tenures and their prices

  • Manage prices of rental products using appropriate UOM.
  • You can create Uom such as hourly, daily, weekly, monthly, etc for your products.
  • Use the Uom to set rental prices in your products.

Add security amount to each rental product

  • A security amount can also be added to each product.
  • The security amount is automatically added to the total of each sales order.
  • This amount is refundable when the product is returned.

Track rental orders and contracts from Odoo backend

  • Create sales orders to rent products to the customers.
  • Each sales order automatically creates a rental order and also a rental contract.

Add rental agreements as policy to your rental products

  • You can create different rental agreements for various types of products.
  • Each product is associated with a product agreement.
  • The product agreement is also added to the rental contract created while renting the product.

Details of each rented product in rental contract

  • The rental contract shows the details of the rented products.
  • See details like rent tenure, outgoing-incoming deliveries, unit price, security deposit, total etc

Renew expired rental contract

  • The expired rental contract can also be renewed in Odoo with a click.

Manage categories of rental product to quick sorting

  • You can create rental product categories in Odoo
  • Sort the rental products according to the categories for better tracking.

Different types of tenures to place rental orders

  • You can create and save standard tenures for each product in Odoo.
  • You can then use these tenures while creating rental orders for the customers.
  • You can choose the standard tenure or custom tenure while creating the rental order.

Create Sale Order with Rental Product

  • Sale order under Rental menu.

Sale Rental Product through Sale Order

  • Click on Add Rental Product button, a new pop up window will appear(see next image)

Pop-up window to add rental product to sale order

  • Here you can select rental product, rental scheme, etc.

All Rental Orders

  • Here you can see all Rental Sale Orders and their status.

Rental Order Details

  • By selecting any rental order you can see complete details of that rental order

Renew Expired Rental Order

  • By clicking on Renew Rental Contract you can renew the expired rental order. When you click a new pop-up window will appear shown in next image.

Pop-up Window to Renew Rental Order

  • Here you can select rental scheme.

Renewal Contract On Rental Order

  • In rental order you can see inital rental details as well as current rental details.

All Renewal Contracts

  • Here you can see all rental order contracts.

Rental Contract Complete Details

  • Here you can see complete detail about rental contract.

Rental Products Menu

  • Here you can see/create rental products.

Rental Products Details

  • Manage rental related terms in rental product.

Rental Unit Of Measure

  • Here you can manage rental unit of measure.

Rental Product Agreement

  • From here you can create different kind of rental product agreement.

Rental Category

  • From here you can create different kind of rental categories.

Configuration Settings For Rental Sale

  • Configure required settings for rental sale.

Help and Support

Get Immediate support for any of your query

You will get 90 days free support for any doubt, queries, and bug fixing (excluding data recovery) or any type of issue related to this module.

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Write a mail to us:

support@webkul.com

Any queries or want any extra features? Just drop a mail to our support.

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https://webkul.uvdesk.com/en/customer/create-ticket/

Have any technical queries, want extra features, or anything else? Our team is here to answer all your questions. Just Raise A Support Ticket.

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confusion
by
Maher Khalil
on 1/15/21, 5:51 PM

why do you have to create sale order when you create rent order?

There is no relation between them

sale order => to sale product => product go out of the store based in sale order => invoice => cash in

rent order => to rent product based on time => can you explain based on what shall you take the product out of the store and who will be the owner? how it will be reflected in the stock valuation?


Re: confusion
by
Webkul
on 1/16/21, 5:21 AM Author

Hello Maher,

Regarding your query I would like to inform you while Creating the Sale Order for the Rental Product the corresponding Rental Order gets automatically created, also in the picking you will get this information that it is a Rental Sale >> https://prnt.sc/wt6g78 Since for rental Item also Order validation , delivery is managed that is why a Sale Order is created first.

And regarding the outgoing and incoming workflow that Admin can be check under the particular Rental Contract, here >> https://prnt.sc/wt6g78

For detailed information kindly drop us a mail at support@webkul.com


Regards,

Megha

Webkul