Description
Multiply rentalDays by dailyPrice, subtract returnedDeposit from deposit for retainedDeposit, and calculate balance as rental charge + damageCharge + returnedDeposit - deposit - paid.
A cost term combines quantities with rates on a consistent currency and time basis. A supplied multiplier or reimbursement changes accounting without determining an entitlement or market price.
Multiply rentalDays by dailyPrice, subtract returnedDeposit from deposit for retainedDeposit, and calculate balance as rental charge + damageCharge + returnedDeposit - deposit - paid.
When to use this tool
Use Maternity Equipment Rental Credit Balance when you need an explicit labor, time, or project-cost component.
How to use the tool and how it works
- Enter rentalDays, dailyPrice, deposit, returnedDeposit, damageCharge, paid. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read rentalCharge, retainedDeposit, balance. Use the output convention below.
Multiply rentalDays by dailyPrice, subtract returnedDeposit from deposit for retainedDeposit, and calculate balance as rental charge + damageCharge + returnedDeposit - deposit - paid.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| rentalDays | Rental Days | Required. Safe integer; minimum 0. |
| dailyPrice | Daily Price | Required. Finite number; minimum 0. |
| deposit | Deposit | Required. Finite number; minimum 0. |
| returnedDeposit | Returned Deposit | Required. Finite number; minimum 0. |
| damageCharge | Damage Charge | Required. Finite number; minimum 0. |
| paid | Paid | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| rentalCharge | Rental Charge | Required. Finite number. |
| retainedDeposit | Retained Deposit | Required. Finite number. |
| balance | Balance | Required. Finite number. |
{
"input": {
"rentalDays": 10,
"dailyPrice": 5,
"deposit": 100,
"returnedDeposit": 80,
"damageCharge": 20,
"paid": 30
},
"output": {
"rentalCharge": 50,
"retainedDeposit": 20,
"balance": 20
}
}Limitations and assumptions
- Use one currency; the stated balance convention treats retained deposit as credit and does not interpret a rental contract.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile the full cost model and relevant contractual or payroll policy before treating a component as a final charge.
References
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