About equipment rates for time and materials billing

You can assign a table of equipment rates to a time and materials (T&M) job in the T&M Billing Setup window. Sage 100 Contractor determines the billing amounts using the equipment rate table instead of the equipment costs.

You can set up equipment rates for:

• Equipment types. For example, you list large excavators and medium excavators in the table with the appropriate billing rates. No matter which specific piece of equipment within the type performs work, it is billed out at the appropriate rate assigned to its type.
• Equipment. For example, you list individual backhoes in the table each with its own billing rate. Sage 100 Contractor bills for each piece of equipment according to the rates assigned to each piece of equipment.