The following are stock adjustments that are a result of rental activity. Stock adjustments caused by rentals are included in the stock adjustment report on the Report menu in Item Maintenance.
Reason on Stock | Action that Causes the Stock Adjustment |
Sale | When a NMRP title is rented by the student, it is sold to NBC. When sales are posted, inventory decreases with a reason of Sale. |
Refund | When a NMRP title rental is returned by the student before the refund expiration date, stock increases when sales are posted with a reason of Refund. |
Rental Transfer | When a new Store Managed title is rented and returned by a student, PrismCore automatically transfers SOH to the used SKU. |
Rental Not Returned | When a student does not return a Store Managed Rental book by the due date and "Process Not Returned Billings" is run or the rental is Closed, stock on hand is decreased. |
Receipt | When the rental period is closed, a rental PO is automatically created and received for NMRP titles returned to the store but not shipped to NBC. Stock on hand increases with a reason of Receipt. |
All of the adjustments described in the table above are automatic.
Note: When a new Store Managed rental is returned by a student, it is automatically transferred to used. If you want the book to remain new, you must do stock adjustments to increase new stock and decrease used stock. Remove the rental barcode on the book as it was assigned to a used rental when the automatic stock adjustment occurred. If that rental barcode is scanned at the register, the book will be rented as used.