Randr Inc Would Like to Announce the Latest Release of Their 2nd Derivative Rental Portal. The Rental Portal is One of Randr Inc's EBusiness Suites.

Riverside, CA, October 14, 2009 --(PR.com)-- Randr Inc would like to announce the latest release of their 2nd Derivative Rental Portal. The Rental Portal is one of Randr Inc's free Open Source EBusiness Suites (EBS). It is a full function back office transaction system and a true web application for equipment rental (for hire) companies. Rental Portal is available for free download on www.randrinc.com via SourceForge. In addition, the Rental Portal is now available on free a run-time DVD, with no installation necessary.

The Rental Portal is designed for entrepreneurial, midrange businesses who need to compete against national chains with better service, wider range of services, like repairs, warranty services as well as the ability to extend to their customers, vendors, salesman, and partners over the Internet.

Release 1.1.0 adds enhancements to the contracts, reporting, and financials including:

-Deposits can now be accept on the contract and will be posted to accounts receivable as a credit on the account

-By company, users can now control which item tab (Rental, Sales, or Service/Warranty) is the default in the contract screen

-More fields have been added to the Extended Company screen to allow the user to control some of the contract headings

-Sales item tab, can now do partial shipments and the system will automatically create back-order

-Search contract has some more search options

-Fixed some bugs in selecting a job locations

-Orders are exported out of the Rental Portal to the Data Migration Portal(DMP) can now format into EDI 850 transactions

-Made it easier to add a logo for printing on contract and purchase orders

-Added packing slip printing option, which can be used as a delivery or pick up document.

-Scheduling is now functioning

-Added the ability to have multiple salesmen on a contract and to assign varying commissions by contract line

-More imports have been added so users can import more types of data. Like using these imports to automatically import orders from legacy iSeries/AS400 applications, to add the ability to alter data, do sales reporting, calculation of commissions and EDI exports, thereby extending the life of legacy applications

-Added more reports to the Information Portal with more drill downs

-Added more historical reports to the Information Portal

-Add ability to linked purchase orders to contracts and accounts receivable, and a linked sales orders to purchase orders and accounts payable. An Information Portal report will display all the linked transactions, for reconciling sales against purchases.

-Fixed bugs in the Trial Balance

-Added reporting to the account inquiry in the General Ledger

-Purchase orders are now multi company and multi warehouse

-Receiving against a PO will now receive into the correct warehouse

-Purchase receipts will credit a purchase accrual account defined in the company default accounts, the vendor invoice should debit this account giving better visibility into outstanding purchasing liabilities

-Journal Entries now warn if the current financial period is different then the transaction and also calculates the difference between debits and credits and displays it in red

-The link between the Rental Portal and Financial Portal can now be defined in the Rental Portal which company in Financial Portal to post entries to

-Initial installation of Rental Portal now includes a simple but full chart of accounts.

-Made a number of changes to the Bank/Credit Card Reconciliation

The EBusiness Suites integrate with Randr Inc's Web Business Suite for customer ordering and customer self service over the web.

About:
Randr Inc provides complete solutions for entrepreneurial, midrange businesses with our free Open Source software. Randr Inc's 2nd Derivative solutions suites are: Web Business Suite and EBusiness Suites. Visit www.randrinc.com for more information.

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Randr, Inc.
John Richmond
951-369-3427
www.randrinc.com
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