You may choose to set up rental bookings. Think of a booking as a pre-agreement; it may be the first document created for a rental arrangement. Once confirmed, a booking can be posted to a rental agreement. With bookings, you can choose select an equipment model or category, if you do not know the exact piece of equipment that will be used. However, before transferring the booking into an agreement, you must enter an Equipment ID.
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You can assign different tax schedules to each price element: Rate, Insurance, Overage, and Markdowns. You can also choose to make an element non-taxable, or to use the tax schedule from the customer on the Customer Maintenance window in Microsoft Dynamics GP.
On the Rental Booking Type Setup window, choose select a booking type ID and choose select Tax to open the Rental Booking Type Tax Entry window.
- Use the lookups to choose select tax schedules, if applicable.
- Select OK.
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