What does the 'Non-Revenue Ticket (NRT) Transaction' enable a Budget rental location to do?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Non-Revenue Ticket (NRT) Transaction
Enables the rental location to check-out a vehicle for an authorized movement, which is nonrevenue generating.
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, a 'Non-Revenue Ticket (NRT) Transaction' enables a Budget rental location to check out a vehicle for an authorized movement that does not generate revenue. This functionality is part of the rental system functionality, as detailed in the FDD. This type of transaction is essential for managing vehicle movements that are necessary for operational purposes but do not directly result in rental income.
For a prospective Budget franchisee, understanding the purpose and proper use of NRT transactions is crucial for efficient fleet management. These transactions are used for scenarios where vehicles need to be moved between locations for maintenance, relocation, or other logistical reasons. By using the NRT transaction, the franchisee can accurately track vehicle movements and ensure accountability without incorrectly reflecting these movements as revenue-generating rentals.
It is important for franchisees to adhere to the guidelines and procedures associated with NRT transactions to avoid any misuse or discrepancies. The FDD also mentions other related transactions such as 'Vehicle Transfer Contract (VTC) Transaction' for shuttling vehicles, and 'Rapid Movement Transaction' for performing VTC transactions for multiple vehicles at once. Understanding the differences between these transaction types and when to use each one is vital for maintaining accurate records and efficient operations within the Budget franchise.