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Anchorequipment_management_rental_agre_5634equipment_management_rental_agre_5634The foundation for equipment rentals is the rental agreement document. A rental agreement is set up to record all revenue and costs for equipment and other service items relating to rental.

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A rental agreement can range from simple (one piece of equipment for a short time period) to more complex (multiple equipment items, with a multitude of items and cost inclusions, for a longer time period).

The basic structure of a rental agreement is as follows:

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