Entering job costs for equipment

Note: This functionality is available only if you have the Equipment Module.

To enter job costs for equipment:

  1. Open 8-4 Equipment Allocation.
  2. In the transaction header, enter information about the allocation that will be passed to General Ledger when you post the transaction:

    • Transaction#. Type a code to identify the allocation transaction.

    • Transaction Date. This date identifies the date for the allocation transaction. It can be different from the dates the equipment was processed to the jobs in the allocation grid.

    • Description. Type a short description (up to 50 characters) to explain the allocation, or select a standard description from the quick list.

  3. For each piece of equipment for which you want to create a cost record:
    1. In the Date cell, enter the date of equipment use.
    2. In the Description cell, enter a brief statement about the work.
    3. In the Job cell, enter the job number.
    4. In the Phase cell, enter the phase number.
    5. In the Cost Code cell, enter the cost code number.
    6. In the Operated Equipment cell, enter the equipment number.
    7. In the Operated cell, enter the number of units that the equipment was operated.
    8. In the Standby cell, enter the number of units that the equipment was on standby.
    9. In the Idle cell, enter the number of units that the equipment was idle.
  4. Click File > Save.

Tips:

  • When a cost record is incorrect, make an adjusting entry in the 8-4 Equipment Allocation window.
  • If you attribute too few hours to equipment, create a new cost entry for the difference in the appropriate Operated, Standby, or Idle column.
  • If you attribute too many units to a piece of equipment, create a new cost entry for a negative amount in the appropriate Operated, Standby, or Idle column.