Rental Equipment Group, which are used to control the default GL codes, billing codes, clearing codes, etc.
Rental Equipment Groups can be used from a reporting perspective, if you want to do analysis of revenue and costs based on groups of rental equipment. They can also be used as a filter to import equipment into dispatches.
The setup of Rental Equipment Groups includes defining the following items for each group:
- Group Name
- Default Billing Code
- Sales GL Code
- COGS GL Code
- Clearing GL Code