Systems

Revenue from operating the equipment with others or the company

Babel fixed assets management system


What is meant by equipment operation extract?

 In case of the company follows policy of separating equipment management as an independent cost center and loading each equipment by its expenses and revenues to profit of each equipment in the company so the principal of alternative opportunity cost is applied between owning it or renting it

How to use extract of equipment operation?

 The administration of the company determine a price for the daily work of the equipment and through the payment certificate of equipment operations name of the equipment id registered and days of work, destination either project or client or contractor or supplier,,, etc.

Equipment operating extract

Accounting entry to equipment operation of a client

Is there other revenue for the equipment other than the operating extract?