Equipment Cost

The 'Equipment Cost' interface shows the cost incurred by the deployment of various equipment and heavy machinery for the tasks. For each task, the expenses are calculated based on the equipment schedule, equipment deployment, and per day running cost of the equipment for each task. 

• The usage data are fetched from the daily field records provided by the foremen.
• The per-day cost data are fetched from the equipment records.

The system decrements the expense incurred every day from the total equipment cost estimate and shows the remaining amount for each task as per your overall project estimate. This helps you monitor the variance of the actual expenses from the estimated cost and plan the future costs to complete the tasks within the budget. The details are used for various statistics and key performance indicators, displayed on the dashboards and various reports.

The 'Equipment Cost' interface

• Open the project management console
• Click 'Budget' on the top
• Select 'Equipment' from the options on the left

The equipment cost interface shows a chronological list of expenses incurred by the usage of equipment for various tasks.

• Date - The date of the task.
• Task Code and Task Detail - The information of the task.
• Equipment Name - The identifier of the equipment or the machinery deployed for the task. 
• Amount - The expense incurred because of the usage of the equipment on that task. 
• Balance - The amount remaining under the head 'Equipment' in the estimate of that task.

Search and Filter options - Use the Find, Filter, and table customization options on the right to search, filter, add/remove columns, etc. See Search, Filter, Column Customization, and Table Views for guidance on this.