{"title":"Configure rental products","slug":"how-to-configure-rental-products","url":"https://support.storeconnect.com/articles/how-to-configure-rental-products","url_markdown":"https://support.storeconnect.com/articles/how-to-configure-rental-products.md","subtitle":null,"summary":"Configure rental products by setting the purchase type to rent, creating serialised assets with stock locations, and defining daily subscription pricing for hire items.","type":"Help_Documentation","video_url":"https://vimeo.com/1163369360?fl=sv\u0026fe=ci","keywords":"rental products, rental configuration, hire products, asset management, serialised assets, subscription pricing, daily rental, purchase type rent, stock location, rental end buffer, equipment hire, serial number tracking","last_modified":"2026-08-21T07:12:35+0000","body_markdown":"Rental products allow you to hire out physical items (such as equipment, tools, or vehicles) for a fixed time period. In StoreConnect, rental products rely on **products**, **assets**, and **subscriptions** working together to manage pricing and availability.\n\nBefore products can be rented out, they must be correctly configured as both a subscription product and as an asset. These are the minimum requirements.\n\n-   Product type is set to ‘rent’\n-   Subscription term is ‘day’\n-   Assets exist for the product\n-   Each asset has a serial number\n-   Assets are linked to an outlet stock location\n\nOnce this setup is complete, products can be rented out. Full configuration details are outlined below.\n\n## Rental pricing \n\nAlthough subscriptions are used behind the scenes, rental products are charged for upfront, for the duration of the rental. For example, if a generator is priced at $80 per day and rented for 3 days, the customer pays $240 at checkout.\n\n## Rental products are assets\n\nRental products must be set up as assets with unique serial numbers and a specific location, to ensure the status of each asset (available or on loan) is trackable. E.g., if you have for rent 10 power drills, you must create 10 assets—each with its own serial number and outlet stock location.\n\nThe assets are then linked to the rental product.\n\n## Create a rental product \n\nNOTE: Only daily rentals are supported. If the subscription term unit is set to anything other than ‘day’, the product won’t work as a rental.\n\n1.  Open your products list and add a new product.\n2.  In the **Product Information** section, enter the relevant details such as **Name** and **Product Code**. \n3.  If you want to prevent items from being immediately re-rented, e.g. to allow for cleaning or maintenance after rental, go to the **Booking Information** section.\n\n    ![Rental end buffers](https://res.cloudinary.com/hzkr6fi81/image/upload/v1770253768/knowledge/pos/RentalEndBuffer_ubp6b7.png) \n    1.  Set the **Rental End Buffer Unit** as **Days**.\n    2.  Enter the number of days you want in the **Rental End Buffer** field.\n4.  In the **Subscription Information** section:\n\n    ![Subscription settings for a rental product](https://res.cloudinary.com/hzkr6fi81/image/upload/v1770253790/knowledge/pos/SubSettingsForRentals_l16mz9.png)\n    1.  Set the **Purchase Type** as **Rent**.\n    2.  Set the **Subscription Type** as **One-time**.\n    3.  Set the **Subscription Pricing** as **Fixed Price**.\n    4.  Set the **Subscription Term Unit** as **Day**.\n5.  Select **Save**.\n6.  Next: Add an asset for the rental product as per below.\n\n## Rental product assets\n\nBefore you add a rental asset:\n\n-   Make sure the page layout for the asset record uses the **SC\\_Asset\\_Layout**.\n-   Ensure any missing fields and related lists are added to your page, for example, the ​​**Stock Location** lookupfield**.**\n-   Create a [**Stock Location**](how-to-set-up-stock) record for each location that you store your assets. When the asset is rented, these details are updated to the account and contact who is renting the asset.\n\n### Add an asset for a rental product\n\n1.  Open the assets list, or search ‘Assets’ in the App launcher.\n2.  Select **New** to add a new asset.\n\n    ![Asset config screen in StoreConnect](https://res.cloudinary.com/hzkr6fi81/image/upload/v1770254214/knowledge/pos/AssetConfig_kjhwln.png) \n3.  Give the asset a **Name**.\n4.  Select the **Product** this asset relates to.\n5.  Select the **Account** that currently has this asset (this is likely your organization).\n6.  Select a **Contact** from that account who is responsible for that asset.\n7.  Select a **Stock Location** for where the asset will be located.\n8.  Enter a **Serial Number** for the asset. This is critical for rental products as the serial number is matched to the item when it is rented out and returned.\n9.  Enter a purchase price in the **Price** field. This is useful for financial reporting of depreciation, etc.\n10.  Enter ‘1’ as the quantity.\n11.  Select **Save**.\n\nThe assets you have set up should now be [available to rent in the stock location](manage-rental-transactions-at-pos) (outlet)."}