Production: Equipment Management
If you need to allocate your equipment costs to jobs,
keep track of repair costs, earned income or equipment
maintenance, the Equipment Management option can take
care of it all! You can categorize equipment by type,
and provide hourly, daily, weekly or monthly rates for
time and materials billing purposes.
Calculating accurate cost recovery rates is simple
when you use the Cost Recovery calculation tool. Just
fill in the ownership and operating costs — Sage
Master Builder calculates the operated, idle, and standby
rates for you. You can enter equipment time into payroll,
including repair of equipment by your employees and
use of equipment to service other equipment.
You can keep your costs up-to-date by tracking rental
or hired equipment on jobs with the Equipment Management
option. Then enter them in the Daily Payroll or the
Equipment Allocation window. You won't be over billed
by the equipment supplier, and your job costs will be
up-to-date at the end of every day.
When it comes time to make your lease or equipment
payments, Sage Master Builder will create checks for
you and automatically keep track of the remaining balance
on your loans. The special locator function will even
show you where the equipment was last used without having
to run a report.
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