Creating Long-Term Rentals

You can setup periodic invoicing in Viberent using the long term rental type dropdown in the top right corner of the rental screen. 

Periodic Invoicing Options in Viberent:

1. Month-End: Viberent will generate monthly invoices for the duration of the rental, with invoicing scheduled at the end of each calendar month.
2. Monthly Subscribed: Viberent will create monthly invoices based on the selected date for each month during the rental period.
3. Weekly Subscribed: You can specify a weekday for processing invoices on a weekly basis.
4. 28 days Subscribed: If you select this invoice type, Viberent will generate invoices on a 28-day cycle for the duration of the rental.

Note: If you do not select long term rental, Viberent will generate a single invoice for the entire duration of the rental..  

Example: Assume you’ve created a 6-month rental starting on March 10th and ending on September 10th. Here's how Viberent would generate invoices based on the selected rental type:

• If you select "Long-Term Rental Type":
  • First Invoice: From March 10th to March 30th.
  • Second Invoice: From April 1st to April 30th, with subsequent monthly invoices generated until the rental ends.
  • The final invoice for September will cover the period from September 1st to September 10th.

If the rental is open-ended (without a specific end date), simply select the "No End Date" option for each line. Viberent will treat the rental as open-ended, continuing without a fixed end date.

Long-Term Rental Transactions:

Long-term rental transactions are identified in the Manage Posting Screen as a "Continuous Invoice", as shown below:

To print or email individual period's rentals or invoices, please follow instructions below.

• Go to Invoice History
• Tick the required line
• Click the Preview button

In the Preview screen, click the Print or Email buttons for your required action.

Watch this video to learn more: