Sage Timberline Office's fully integrated Equipment Cost module manages the details of equipment cost, revenue and usage to help you maximize your return on investment. Then distribute equipment information throughout your Sage Timberline Office accounting.
Equipment records log all the essentials, including meter readings, license expirations, location,
Track ownership and rental information.
Group equipment by type, such as trucks, lifts, and backhoes.
Track a piece of equipment as an attachment to another (e.g., the bucket of a backhoe).
Define miscellaneous entries to track additional details, such as downtime and gallons
of fuel used.
Revenue and cost tracking
Use cost and revenue codes to monitor equipment-related costs and revenue from various sources.:
Define rates with up to four decimal places.
Define units for costs, revenue, and miscellaneous entries.
Track cost and revenue totals to-date, next week, month-to-date, next month, year-to-date,
next year, and life-to-date.
Group cost codes by user-defined classification, such as operating and ownership costs.
Entry and processing
Enter cost and revenue information directly into Equipment Cost, or through Payroll timesheets and Accounts Payable invoices. Then distribute equipment information throughout your Sage Timberline Office accounting:
Enter equipment revenue on an hourly basis or by your own custom rate.
Automatically apply revenue and cost rates using pre-defined tables.
Import costs, revenue and other entries from other programs.
Verify data entry with customisable entry journals.
Inquiry and reporting
Equipment Cost offers several interactive inquiries, such as Equipment Status and Maintenance Information. Reports include Profit with Attachments, License/Permit Expiration, Cost Spreadsheet,
and many more.
Define unlimited customisable cost codes, revenue codes and miscellaneous entries.
Add more than 250 user-defined fields to equipment and other records to track additional information.
Analyse trends in cost, revenue and profits with historical equipment tracking.
Track pass-through costs.
Customize cost and revenue entry grids.
Use formulas to calculate cost and billing rates. • Generate intercompany accounting entries.
Use FAS Links for an easy, accurate, and dependable way to post summary depreciation expenses from FAS to general ledger.
Managing construction cost using Sage Timberline Job Costing software allows your accounts team to view construction cost information while the project team, although able to view and share the information, can be limited using security to actions within their job role. Sage Timberline Job Cost also has requisition processes for purchasing, and, an approval processes for billing should they be required.
Start costing your equipment updating project costs today contact Synergy today and request a demonstration.