In contrast with the Oilfield Rental Operations, where, by default, the rental charges are counted based on daily rates, riger® also supports General Rental Operations, which can use various charging schemes for rentals which are based on different rental periods such as daily/weekly/monthly.
The logic behind the General Rentals documents workflow in riger® follows the same pattern as it does for the Oilfield operations, meaning the job starts with the RSA (Rental Service Agreements), which includes the items and services with their corresponding quantities and prices. Then tickets are used to deploy or return equipment, provide services, etc., which ultimately leads to the invoicing step. The main difference lies in the documents that General Rentals module includes in the chain as a source of information for pricing and rental periods definition.
Pricing
We have already gone through a very high-level coverage of how powerful and flexible the riger® pricing mechanism is in the Pricing Module section, so here we will talk about the documents and mechanisms that apply just to the General Rentals, such as:
- Price Book – In simple words, this is the to-go Price List for General Rentals operations, where daily, weekly, and monthly prices are defined. While the daily prices act as a base for calculations, the weekly and the monthly figures are equal to the multiples of the base that are defined as rental periods and used in the price matrix.
