Note: This functionality is available only if you have the Equipment Module.
In 8-3 Equipment on the Cost Recovery/Rental Rates tab, under Resource Consumption, enter the starting and ending date of the resource consumption period, and the value of the equipment at the start and end of the resource consumption period.
The starting value represents the current street value and the ending value represents an estimate of the equipment’s worth at the end of the resource consumption period. In the Value Consumed box, Sage 100 Contractor displays the amount of change in real market value at the end of the resource consumption period.
Suppose you own a D4 bulldozer worth $40,000 at the start of the year that will be worth $37,500 at the year-end. The consumed value is $2,500 for the year.
Note: The consumed value, the difference between the starting and ending values, does not represent the depreciated value of the equipment.
|
|
For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.
For additional training on Sage products, visit Sage University.