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The Inventory Accounts tab lists the general ledger accounts to which values should be directed for all transactions involving this piece of equipment.
The inventory item record to which the equipment is linked has a similar list of accounts. When posting transactions, the system uses the general ledger accounts set up on the Inventory Accounts tab first. If the tab is blank, the system looks for account information on the inventory item. If no accounts are specified on the item, the system uses the global system settings.
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The Rental Inactivation tab is used to inactivate the equipment for rental, either indefinitely or over a specific period of time. Inactivating the equipment affects the Advanced Rental module only and has no effect on other equipment transactions.
Equipment that is inactive for rental can be placed on an agreement or booking; however, it cannot be placed on rent. If the equipment is already on rent when the inactivation period begins, the agreement can be processed to completion, but the On Rental date cannot be changed.
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