Description
Odoo Rental Sale Management gives rental businesses a clear Odoo Rental Management flow for products rented for a set period. Admins can create rental units for minutes, hours, days, weeks, months, or years. They can set Rental Pricing for each product and rental term.
Rental Product Management also covers the Security Deposit, product agreement, quantity rule, and rental details. These settings define how each product works during a rental. Users create an Odoo quotation and add the required rental product. They choose the quantity, pickup time, and return time before they confirm the booking.
After confirmation, the Rental Order links with its delivery and Rental Contract. Users can check the rental dates, unit, price, deposit, agreement, and current status. Admins can set a grace period for late returns. When this period ends, the configured Late Return Charge can apply to the overdue rental.
If a customer needs the product for longer, users can renew an expired contract. The old and renewed contract details remain available for review. The Rental Lifecycle ends after the product return. Reverse and incoming transfers record the returned quantity and move the product back into Odoo inventory.
Highlighted Features
Dynamic Rental Pricing
Odoo Rental Sale Management sets the rental amount from the chosen period, rental unit, product quantity, and saved rate.
Flexible Rental Units
Set Rental Pricing for minutes, hours, days, weeks, months, or years to support short and long rental periods.
Security Deposit Management
Set a Security Deposit for each rental product and choose the product used for deposit refund invoices.
Late Return Charge
Set a grace period and Late Return Charge product for rentals returned after the planned return time.
Rental Lifecycle Tracking
Follow Rental Orders through each available stage and check the current rental status from the Odoo backend.
Rental Contract Renewal
Renew an expired Rental Contract while keeping the customer, rental product, and earlier contract details for reference.
Why Do We Need Odoo Rental Sale Management?
Odoo Rental Sale Management helps businesses manage rental work that needs more control than a standard product sale.
A rental has rates, deposits, agreements, pickup dates, return dates, contracts, and stock moves. When these records are handled apart, the full process becomes harder to track.
Late returns also need clear rules. Teams may allow extra return time before they add an overdue charge to the related Rental Order. The module connects Rental Pricing, Rental Contract records, deliveries, returns, and Rental Lifecycle stages in one Odoo Rental Management flow.
Businesses that need rental bookings on their website can also use Odoo Website Rental Sale.
Businesses that run rentals through multiple sellers can use Odoo Marketplace Rental Sale.
Use Cases
Event Equipment Rental
Odoo Rental Sale Management can handle projectors, speakers, screens, and other event equipment with set rates, deposits, pickup dates, and return dates.
Photography Equipment Rental
Camera rental businesses can set agreements and Security Deposits, choose rental periods, and track the return of rented photography equipment.
Short-Term Product Rental
Businesses can use minute, hour, or day-based Rental Pricing for products rented for short and fixed periods.
Long-Term Product Rental
Weekly, monthly, or yearly rates support longer rentals, while Rental Contract renewal adds more time when the customer needs it.
Configure Rental Settings
Admins can use Odoo Rental Sale Management to set common rules for deposit refunds, late returns, grace periods, and blocked rental days.
- Select the product used for Security Deposit refunds.
- Set the product used for Late Return Charges.
- Define the grace period allowed for late returns.
- Block selected weekdays for pickup and return.
- Manage common rental rules from Odoo settings.
Manage Rental Units
Create time units that suit different rental periods and product pricing needs.
- Create minute, hour, day, and week rental units.
- Add month and year units for longer rental terms.
- Mark the required units for use in rentals.
- Use suitable units while setting product rental rates.
- Select the required unit during contract renewal.
Configure Rental Products
Set up each rental product with its quantity rule, deposit, agreement, and time-based pricing.
- Enable the required product for rental operations.
- Choose single or multiple rental quantity handling.
- Set the required Security Deposit for the product.
- Assign the correct agreement to the rental product.
- Define Rental Pricing for the required rental terms.
Create Rental Quotation
Create an Odoo quotation and enter the customer, product, quantity, pickup time, and planned return time.
- Select the required customer for the rental quote.
- Add the product through Add Rental Product.
- Check the Security Deposit linked with the product.
- Enter the quantity needed for the rental booking.
- Select the planned pickup and product return time.
Confirm Rental Booking
Confirm the quotation after checking the rental price, selected term, booking dates, deposit, and related details.
- Review the calculated rental price and selected term.
- Check the planned pickup and product return dates.
- Confirm the quotation to create the Rental Order.
- Open the linked delivery and Rental Contract records.
- Review the deposit linked with the confirmed booking.
Process Rental Pickup
Use the outgoing stock transfer to record the handover of the rented product to the customer.
- Open the delivery linked with the rental booking.
- Review the customer and scheduled pickup date.
- Check available stock before the product handover.
- Verify the demand and required delivery quantity.
- Validate the transfer to complete the rental pickup.
Track Rental Orders and Contracts
Review Rental Order and Rental Contract records to check dates, quantity, agreement, rental term, and current status.
- View the customer, product, dates, and order details.
- Check the agreement, term, quantity, and rental unit.
- Review the Rental Contract linked with the order.
- Follow the available Rental Lifecycle stages in Odoo.
- Check the overdue amount when a charge applies.
Renew Rental Contract
Extend an expired contract while keeping the customer, product, and earlier rental details available for review.
- Open the expired contract from the Rental Order.
- Keep the existing customer and product details.
- Select the agreement needed for contract renewal.
- Choose the rental unit for the extended period.
- Review old and renewed contract details together.
Process Rental Return
Complete the product return through reverse and incoming stock transfers linked with the original rental.
- Start the return from the related rental record.
- Select the rented product and returned quantity.
- Create the required reverse stock transfer.
- Open the incoming transfer created for the return.
- Validate the receipt to restore product inventory.
Support
For any query or issue, please create a support ticket here CREATE A TICKET HERE
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