Insuring Equipment

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While customers aren't charged directly when equipment is assigned to them, you can use plan deposits to cover the replacement or repair of damaged and missing items.

  1. Assign equipment to a customer.
  2. Add a deposit equal to the value of the equipment to their contract.
  3. Refund the deposit according to the condition of the equipment at the end of the contract.

Example
Let's say you offer fully furnished offices through a Full Office plan, and the total value of all the furniture in each office is $2,000. Simply add a refundable deposit worth $2,000 to your Full Office plan and assign the furniture to the contracted customer as equipment.

At the end of their contract, you can refund their deposit according to the condition of the equipment. Be sure to also change the Assigned until date of each piece of equipment to the current date if you plan to assign them to the next customer who contracts the office.