To each rental type, assign the related:
·         Product
·         Rental posting policy. The rental posting policy defines the rules that are applied when you create a work order for the rental type.

Standard procedure

1.	Go to Business objects > Setup > Rental types.
2.	Click New.
3.	In the Rental type field, enter or select a value.
4.	In the Rental posting policy field, enter or select a value.
5.	Click Save.
6.	Close the page.