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Tired of spending hours sifting through spreadsheets to find the information you need? Our new financial feature puts your rental costs at your fingertips. While it may not be a comprehensive financial solution as of yet, it provides a solid foundation for overseeing your rental business's finances. Let’s see what awaits you in Rentgine!

On a single tab, from now on you can easily:

• See all rental items in one place, including the fee of the booking and additional equipment like bicycle rack and child seat.
• Track your rental costs, i.e. your own expenses associated with bookings.
• Monitor vehicle costs, namely your repair shop fees, such as windshield replacement or cosmetic damage repairs.

By providing a centralized view of your rental items, costs, and vehicle expenses, our new Finances feature aids you in making informed decisions and optimizing your financial operations.

Here is how the new financial feature benefits you:

• Track your most popular rental items: Monitor information associated with each of your products, from additional equipment to rental and cleaning fees, or anything you bill your clients. Plan for inventory needs, maintenance schedules, and seasonal demand with the help of this new feature.
• Better your cost management: Pinpoint opportunities to reduce expenses and improve your profitability by looking at expenses that affect you per rental.
• Keep tabs on vehicle maintenance expenses: Gain insights into the costs of repairs and maintenance for your entire fleet to detect patterns in wear and tear, anticipate when vehicles will need servicing, and prevent unexpected breakdowns.

Beyond the core functionalities of tracking rental items, costs, and vehicle expenses, our new Finances feature allows you to easily refine your data to get a more targeted view of your finances and export it for further customization and analysis.

More specifically, with our new Finances feature, you can also:

• Filter your data by various criteria, such as license plate, item, currency, and date, to get a more targeted view of your finances.
• Easily export your data to spreadsheets for further customization and reporting.

Filtering allows your business to focus on specific aspects of your data, to identify trends, anomalies, or areas for improvement. Exporting data to spreadsheets or other analysis tools enables you to customize your analysis.

While the current version of the Finances feature doesn't offer comprehensive cost analysis and reporting capabilities, it can still be a valuable tool for car rental businesses.

Additionally, our development team is actively working on expanding its functionality to give you a more accurate picture of how your rental company runs. We understand the importance of these features for car rental businesses and are committed to providing you with the tools you need to make informed financial decisions.

Interested in a more in-depth description of the new feature? Visit our knowledge base and check out the details.

If you have never tried Rentgine before, you can do so by clicking here and signing up for a plan to explore its features cost-free for 30 days.

Stay tuned for future updates that will enhance the Finances feature's capabilities and provide you with even greater value.