Products are items that you rent and sell to your customers. You might refer to products as kit, gear, items, stock, inventory, SKUs, or assets.
When you set up a product, you can:
Keep track of how many units of a product you have available
Set up how you charge for a product
Get a complete history of a bit of kit – when was it was rented and who’s rented it
Generate barcode labels
Track items that are damaged or lost using the quarantine
Link products together using accessories and serialized containers
Manage stock in multiple locations using stores
Record test results for your assets.
In Current RMS, we make a distinction between products and stock levels. Stock levels belong to products. They are the physical units of the kit that you have.
For example, you might rent a MacBook Pro – this is the product. You can add general product attributes to this, such as the weight and replacement charge. Stock levels are the MacBook Pros that you hold, e.g. MBP-001, MBP-002, MBP-003.
You’d quote your customer for a product, then allocate an asset later on.