Updating Meter Readings Based on Estimates

After you set up meter estimates for equipment, you update the meter readings at regular intervals. The system uses the estimates that you enter on the Meter Estimates program as the basis for updating meters.

You can use processing options to specify whether the system updates the meters of components or of parent equipment only, and whether to print a report of the updated equipment. Do not select the option to update the meter reading of component assets if you have set data selections to update meters for pieces of equipment that are components of other equipment.

To ensure that the system regularly updates the meter readings for equipment for which you have set up meter estimates, run Update Meter Estimates (R13806) as part of the unattended operations.

Select Equipment Information (G1311), Update Meter Estimates.