NavigateERP for African business

Switch on Lease & rentals

Turn on equipment hire, vehicle rental and property leasing - it sets up its accounts, asset classes, billing items, expense items and cost dimension for you.

Steps

  1. Go to Settings โ†’ Lease management.
  2. Read what will be set up: rental revenue, deposit, rental fleet and property accounts; the asset classes Rental fleet - vehicles, Rental fleet - plant & equipment and Rental properties; billing items (equipment hire, vehicle hire, property rent, service charge, excess usage & standby, mobilisation, damage & penalties) with their revenue accounts; expense items for operating, ownership, property and contract costs; and a cost dimension "Vehicles & assets".
  3. Choose the cost dimension to use (only unused ones are offered - dimension 5 by default) and tick the confirmation.
  4. Click Enable Lease & rentals. It appears under Operations.
  5. Later, Check set-up adds back anything deleted - it never changes what you edited. Switch off hides the module; nothing is deleted.

Good to know

  • Your plan needs Fixed assets and Accounting.
  • Only people with Settings - edit can switch it on or off.
  • Thresholds for exceptions and the utilisation basis are under Rules on the same page.