EZRentOut has released a new feature that enables you to offer discounts with more flexibility. Instead of giving a flat discount on the entire order, you can now apply individual discounts on each item with Item-Level Discounts.
For example, let’s assume you are running a construction rental company. You have two new excavators and one that has been in use for a while. Your client is looking to rent all three for an upcoming project and you want to charge different rental rates for them. Now you can use Item-Level Discounts to give a discount on the older excavator in the order.
Let’s dive deeper to see how you can do this.
1. Enable the feature
To enable the feature, go to Settings → Add Ons → Item-level Discount/Charge and click ‘Enabled’.
Scroll down and click ‘Update’ to save these changes.
2. Add Discount/Charge to an Item
You can apply a Discount/Charge to Assets, Asset Stock, and Inventory following the same process.
Go to Items → Assets and click on the relevant Asset. Then, from the Asset Details page, click on the ‘Edit’ button. Scroll down to the ‘Discount/Charge’ section on the Edit Asset page.
You can specify the amount for the Charge or Discount. Next, choose whether the amount is a dollar amount or a percentage. Lastly, choose between Discount and Charge.
From the checkbox highlighted above, you can also choose to apply the same discount when the Asset or Asset Stock is being sold. Since Inventory items are consumables, this option is not available when editing an Inventory item.
Once you’re done, don’t forget to click on ‘Update Asset’ to save the changes.
Now when you add the item to an Order, you can see the discount or charge applied from the Order Details page:
Note: When you apply a discount to an item, that discount will also be applicable on the Webstore.
3. Add Discount/Charges when importing from Excel
You can also add item-level discounts or charges when importing items from Excel or updating existing items.
To do so, go to Items → Assets and click the ‘Import from Excel Sheet’ button. From the dropdown options that appear, either choose ‘Add New Assets’ or ‘Update Existing Assets’, depending on your requirements.
Upload the Excel file and map the columns in your Excel sheet to fields in EZRentOut. You can map the relevant column to the Discount/Charge field as shown below:
Once you’re done, don’t forget to hit ‘Preview and Import’ to progress.
Note: You can also import the discount or charges applied to Asset Stock and Inventory by following the same process.
4. Generate custom report
Go to More → Reports → Custom Report. In Step 2, you’ll see the highlighted columns related to item-level discounts to help you build your custom report: