Rental Inventory Status

ProfitSystem TPS® software only feature. ​ Tracked (serial numbered) rental Inventory items may be assigned a user defined status. The statuses are user defined and created by a user. Once the statuses are defined they may be applied to any tracked rental item. In addition, the item can be marked as unavailable, which means it cannot be used for fulfilling/assembly of a rental order. An example of this may be a specific (bar-coded) tuxedo coat that is never returned from a order. That coat can be given a status of LOST and marked as unavailable, meaning it cannot be used on any future rental order. Of course, status may be removed anytime and the unavailability reversed. ​ It is a good idea to maintain the statistics of LOST and SOLD rental inventory for at least 12 months. This practice will preserve the statistical information for the item/style which is a great management tool. Statistical information is removed from the system when inventory items are deleted.

Tracked items also have a 'Last Order Status'. Order status indicates where the tracked inventory item is in the rental process. For a list of possible Order Statuses and the definition of each visit the Order Status topic.