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Sub-Rent Setup

This chapter covers all important information on setting up the Sub-Rent area.

This chapter is divided into the following sections:

Activating Sub-Rent Functions

Before you can use the sub-rent functions, you have to activate them in the rent setup. To activate the sub-rent functions, proceed as follows:

  • Use the quick search (ALT+Q) to find the Rent Setup page.
  • Navigate to the Sub-Rent Settings FastTab.
  • Activate the toggle switch of the Sub-Rent Active field.

Tip

In the Sub-Rent Settings FastTab on the Rent Setup page, you can also select the minimum contribution margin in percent, the rounding precision and direction, as well as accounting for all revenues/costs.

The sub-rent functions are now activated and can be used.

Sub-Rent Setup

To set up the sub-rent functionalities in more detail, proceed as follows:

  • Use the quick search (ALT+Q) to find the Sub-Rent Setup page.
  • The Sub-Rent Setup page is displayed.
  • Optional In the No. Series FastTab, adjust the default number series, for example for Sub-Rent Requests, Receipt Nos. or Return Nos..
  • Fill in the fields in the Contract Settings FastTab according to the table below.
Field Description
Validity Calculation Select the default validity period of a request (1D, 1W, 1M, 1Q or 1Y).
Default Object No. Type in Contract Select here whether the object number is a vendor object number, an internal object number or an alternative object number by default.
Default Contract Invoice Frequency Choose the contract invoice frequency used in sub-rent requests and contracts by default.
Show Release Message Activate this toggle switch to display a message after releasing a contract document.
  • Your changes are saved automatically.

You have successfully finished setting up the sub-rent functionalities.