11 Equipment Cost Tracking

This chapter contains these topics:

11.1 Objectives

  • To track costs at the business or shop level

  • To track costs at the equipment level

  • To understand how costs are incorporated into the equipment system

11.2 About Equipment Cost Tracking

You can review inception-to-date, year-to-date, and month-to-date account balances for individual pieces of equipment. You can also:

  • Review one subledger or all subledgers for a specific piece of equipment

  • View detailed or summarized account balance information

  • Display equipment account balances in amounts or in units and per unit costs

  • Review equipment costs by job

Equipment cost tracking consists of the following tasks:

  • Reviewing equipment costs

  • Reviewing shop costs