About the EM Rev Rates by Catgy Template Form

This form is accessed by clicking the Category Rates button in EM Revenue Template, and is used to define revenue usage rates for equipment categories on a specific template.

A revenue rate should be set up here for every category/revenue code combination that you intend to use on this template. As you set up each code, the grid displays the standard rate and hours/time unit defined for the specified category/revenue code in EM Revenue Rates by Category.

Whether you specify a percent of the standard rate or an override rate depends on the Template Type you selected for this template in EM Revenue Template. If you selected ‘Percent of Standard Rate’, you must specify what percentage of the standard rate to use when posting usage to the category/revenue code for any job using the revenue template. If you selected the ‘Override Rate’ template type, you will need to specify the override rate to use when posting usage to the category/revenue code.

The rates defined here can be overridden by equipment in the EM Rev Rate by Equip Template form for those pieces of equipment that require unique rates.

Changing Rates

When a rate changes for a category, you can make the change here and it will automatically become the new rate for all pieces of equipment in the category, unless you have overridden the rate for a specific piece of equipment.

Rev Breakdown

This tab is only accessible if the template type is ‘Rate Override’ and is used to define the revenue breakdown codes for each category/revenue code combination on a revenue template.

When you add a new revenue code, the system automatically adds a new entry using the default revenue breakdown code specified in the EM Company Parameters form. The entire amount of the override revenue rate is applied to this default breakdown code. You can enter additional breakdown codes as needed, as long as the total amount of the breakdown codes equals the total revenue rate specified for the revenue code.

Example:

Category:          BACKHOE
 Revenue Code:  HOURLY
 Rate:                $85/Hr  

Breakdown Code 1: Ownership Cost           $40

Breakdown Code 2: Depreciation Cost        $15

Breakdown Code 3: Fuel Cost                    $10

Breakdown Code 4: Maintenance Cost        $20

Sum of Revenue Breakdown codes             $85

Note: If the template type is ‘Percent of Standard Rate’, the percentage rate applied to the standard rate will also be applied to the revenue breakdown codes defined for the category/revenue code in EM Revenue Rates by Category.