The Equipment system acts as a subsidiary ledger to the general ledger to record detail transactions on pieces of equipment. The Equipment module is an effective tool for determining if a single piece of equipment is generating enough income to be profitable. Rental income, maintenance costs and hours used may be posted to each piece of equipment through an equipment journal entry in the Equipment module or through normal transactions in the Payroll, Payables, Orders, Receivers, and Document Management modules.
This module is also an excellent tool for keeping track of non-rental equipment such as company vehicles, computer equipment, and small tools. Picture files can be added to the equipment database as part of your insurance records.
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Equipment Module Setup |
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Equipment Center |
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Equipment Activity Flow |
