This chapter contains these topics:
Chapter 14, "About Equipment Time Billing,"
To enter equipment time in order to bill jobs
To understand the payroll and time accounting fields related to equipment
To understand the process of recording billing transactions in the general ledger and equipment balance tables
You can charge a job or business unit for the use of your equipment. When you enter equipment billing information, the system creates debit journal entries to the Account Ledger table (F0911). You can then review and approve billing entries for posting. When you post the entries, the system creates the offsetting credit entries to the general ledger Account Balance table (F0902). You must also post equipment time billing transactions to the equipment system Item Balance table (F1202).
Use one of the following methods to enter equipment charges:
Enter charges using Time Accounting
Enter charges using Payroll
Enter charges using Equipment Time Entry
The method you choose to enter equipment charges depends upon the systems that you have installed and the type of information that you need to enter.
Note:
You must install Time Accounting (System 05) and Payroll (System 07/77) to use their billing features with Equipment Billing.
Set up the Billing Rate Table. See Chapter 38, "Defining Rental Rates for Equipment,"