Qty For Hire (Bulk vs Individual Items)
Updated 4 months ago
When setting up Hire Items in HirePOS, there are 2 distinct ways to track item quantity and availability, each with their pros and cons.
These are Single Items and Bulk Items. Following is a comparison table looking at the two approaches.
Single Items | Bulk Items |
Always set up with a Quantity For Hire of | Set up with a Quantity For Hire of |
Often used for high value assets (often machinery) where meter readings, maintenance history and accure ROI is required | Often used for low value or high quantity assets where the availability of a specific individual asset is of low importance |
Ability to record a large range of item specific information on a per-individual-item basis | Ability to distinguish serial number only on a per-individual-item basis only. |
Detailed item tracking, know where each specific item is at any given time. | Basic Item availability tracking, have visibility only on how many are currently available or on hire |
Slow to set up | Quick to set up |
Individual invoice line required for each item to go on hire, even if they are virtually identical | Easily increase Qty/Items on the Sales Record screen to hire out more than one item. |
Can record individual meter readings at time of hire and return. | Does not support individual item Meter Readings |
Can lead to a large, high-maintenance inventory setup | Helps maintain a simple, small, and easy to manage inventory setup. |
Supports Group Codes, allowing you to assign a specific item at the time of dispatch | Does not support Group Codes |