Actual equipment costs are tracked for each rate component to assist in verifying rate accuracy. Multiple rates may be established by equipment number or equipment class. User defined rates for downtime, idle, or standby can be established. The Fixed Asset Register can be run for all assets, or only those acquired or disposed of in the current fiscal year. Management Reports Equipment management reports compare actual equipment costs to the operating revenue.
Reports show actual hourly costs and highlight variances between actual costs and operating rates.
Additional reports let users view detail equipment repair cost and gallons of fuel used. Maintenance frequency is tracked by hours, days, or miles. Hours or miles accumulated are automatically updated by equipment entries in the Payroll and Equipment Accounting Systems.