Glossary of Terms
Glossary of Terms
GBAL - Generic Book Allocate Later
Category - we use categories to organise your fleet (inventory). Categories are used in the back-office and online to find items you are looking for. Your customers also see your categories when they are using your OBW (online booking wizard).
Extra - there are really two types of things you want to track. Your core inventory (rental items), e.g. a bike, boat, hospital bed. Then there are extras - like a bike lock, a life-jacket etc. These items complement your core inventory but are not necessarily revenue generating. Extras don't count towards your inventory size, but we don't track availability of your extras. By contrast your rental items do count towards your inventory size and we do track availability.- Product Line - under categories are product lines. They are a collection of interchangeable rental items. This is mainly relevant in online booking. Each product line then contains rental items.
Rental Item - a rental item is a unit of inventory (AKA asset). It is something tangible (bike / paddle-board / snowboard) that you rent out. A product line contains one or more rental items.
Rental Ticket - (AKA reservation if its for the future). This is the core of the system. You create and manage rental tickets.
OBW (online booking wizard) - customer facing portal that you put on your website so that customers can make bookings against your live inventory.