Learn how to create lease and rental contracts including the setting up of payment schedules.

I was asked the other day what the process would be if I wanted to return a purchased item that was still under warranty. My answer was it depends on how long ago you made the receipt and whether it had been invoiced, but the actual process of return should be the same. Later I…

Somebody asked me the other day how to handle the day hire of rental tools in Maximo. You have Lease/Rental Contracts but that would be too much set-up for a one-off rental of a tool, this is after all a purchase, besides Lease/Rental Contracts work with rotating items, and hence would require the creation of…

The Terms and Conditions application will be found in both the Purchasing and Contracts modules. It is used to create a library of terms that are used in purchasing documents; Purchase Requisitions, Purchase Orders, Requests for Quotations, Contracts and Invoices. Terms and Conditions are also used if you have Maximo for Service Providers installed, in…

Learn about the applications in the Contracts module

Learn about the applications in the Purchasing module