Rental Inventory w Low QOH

Action: RP_RENTRETL

This reference report shows inventory rental style codes where the quantity available for rental exceeds the total QOH shown in inventory. In WinTPS the Total QOH shown on the Inventory Style form (RETLINV) is the total units owned, rental and retail. The rental quantity shown on the Rental SCW form (RENTSCW) is the portion of the total units that is rentable. If the style is rental only and all units are currently available for rental, then the retail QOH and rental quantity should be the same.

Normally, the rental qty would always be the same or lower than the total inventory QOH. This report lists styles where the rental quantity exceeds the inventory QOH. Normally, WinTPS will not allow a rental quantity to be entered that exceeds the inventory QOH. However, this can be overridden by checking the “Allow rental qty to be greater than on-hand qty?” option on the Rental Production tab of the System/Store Setup.

If that option is checked, Rental quantities can be entered before the actual inventory has been received via Receive History function of inventory. When this happens the rental qty can be greater than the total inventory QOH.

During inventory creation many companies find it is faster to enter the rental quantities within the Rental SCW form prior to receiving the total quantities owned in the Retail SCW form. ProfitSystem© offers a function to auto-enter the quantity enter i n the Rental SCW form into the Retail SCW receive history form which saves an significant amount of data entry time.

Rental inventory quantities for each size should never exceed the total owned quantity for each size found on the Inventory->SCW form. The system uses the total quantity on hand for inventory value computations.

Criteria

Item Type...Enter an item type to limit the report to.

Styles...Enter styles separated with commas or use the lookup to select styles to limit the report to.