Note: This functionality is available only if you have the Equipment Module.
Working with Equipment Management provides many benefits. You can allocate equipment costs to jobs so that you’ll always know the project’s true costs. You can track your equipment maintenance, repair costs, and earned income. You can calculate cost recovery rates simply by entering your ownership and operating costs into the Cost Recovery calculation tool and letting Sage 100 Contractordetermine the appropriate operate, idle, and standby rates.
If you rent a truck or hire a piece of equipment, you can enter the information in the 5-5-1 Daily Payroll Entry window or the 8-4 Equipment Allocation window to ensure that the equipment supplier bills you properly. Equipment time entered into payroll can include repairs performed by your employees as well as equipment used to service other equipment.
You can categorize equipment by type. For time and materials billing, you can get hourly, daily, weekly, or monthly rates. You can create checks for lease or equipment payments and automatically keep track of remaining loan balances. In addition you can use the locator function to discover where the equipment was last used.
Here are more benefits of working with Equipment Management: