Equipment Management (a nearly forgotten module)

How often does an owner or manager ask his accountant (or him- or her-self) “how much does that truck or piece of equipment cost us?” How often is the response to this question “we don’t know!?" Is your investment in heavy equipment, shop equipment, or vehicles a significant cost of your operation? Is the cost of owning and operating this equipment being consistently and accurately charged to jobs based on a measure of use, like miles, tons, hours, days, weeks or months? Are you recovering enough equipment ownership and operating costs in your job costing and estimating assumptions?

The Equipment Management module is designed specifically to collect and organize the cost of owning and operating equipment, and then recover that cost by charging out to jobs the estimated cost of owning and operating that equipment using estimated cost recovery rates per measure of use (i.e. per mile, per hour, per day, etc.) With the module, a thoughtful and creative implementation, and diligent bookkeeping, users no longer have to hear the answer “we don’t know!”

If you want to learn more about using the Equipment Module, give us a call at 480-471-5305.