Time + Material - Set Up T+M Equipment Billing Rates

Optionally, set up T+M billing rates for equipment usage.

For example, you may want to charge different rates for the use of backhoes, medium-sized bulldozers, and other equipment. Assign these billing codes to equipment in the Equipment Control module. These rates override default billing rates set up in the Equipment Billing Rates Maintenance screen. The system automatically applies these rates when equipment usage hours are entered against a Time + Material job.
  1. Select Time + Material > Maintenance > Equipment Billing Rates.

    For field descriptions, see New/Edit Equipment Billing Rates.

  2. Click New to create a new line entry. To modify an existing code, select the code in the grid, and click Edit.
  3. Enter a Billing code and Description.
  4. Enter equipment billing rate levels 1 through 5 in each of the three rate type columns: Regular, Overtime, and Double time.
  5. If applicable, set stand-by equipment billing rates for Hourly, Daily, Weekly, and Monthly periods.
  6. When you are finished, click OK. The Equipment Billing Rates grid displays the rates set up for each billing code.
  7. Time + Material - Assign Equipment Billing Codes to Equipment.