Unposted Sales Of Rentals

Inventory Control Menu -> Depreciation -> Calculate Depreciation -> Unposted Sales Of Rentals

Inventory Control Menu -> Reports -> Rental Inventory Value Report -> Unposted Sales Of Rentals

Reports Menu -> Inventory -> Inventory Value Reports -> Rental Inventory Value Report -> Unposted Sales Of Rentals

This information window is only triggered if there are any unprocessed sales or disposals of rental products, when a Depreciation run is initiated or when an Inventory Value Report is to be run, because if postings are not completed than the Fixed Asset Tag information will not be current and the resulting output will not be based on or reflect accurate rental equipment values.

The Unposted Sales Of Rentals lists the rental product number, the invoice number of the sale or reversal of sale, the status or location of the invoice, the quantity on the invoice, and the extended dollar amount of the sale.
 

To resolve:

•If the Location is listed as Bulk Disposals then the sale of the rental cannot be processed until the relevant Fixed Asset Tag is selected to be updated in Allocate Bulk Disposals, and the invoice is then posted through Daily Close 2: Generate Postings and Daily Close 3: Post Invoices.
 A list of rental products requiring follow up on "Bulk Disposals" can be generated from the REPORT button on Allocate Bulk Disposals.

•If the Location is listed as Current Invoice then the invoice has not yet been posted through the Daily Close process.
 

•It may be on Hold and the reason needs to addressed and the invoice released in Hold/Release Current Invoices.

•It needs to be posted through Daily Close 1: Invoice Edit and Daily Close 2: Generate Postings.

•If it is a bulk product or a reversal of a sale it will be caught in Daily Close 2: Generate Postings and will need to be cleared in Allocate Bulk Disposals.

•After completing the 'Bulk Disposal' the invoice still needs to be posted through Daily Close 2: Generate Postings again successfully and then through Daily Close 3: Post Invoices.

•If the Location is Batch Invoice then the invoice needs to be posted through Daily Close 2: Generate Postings and Daily Close 3: Post Invoices to update the tags.

Topic Keyword: RSRI24 (4283)