Note: This functionality is available only if you have the Equipment Module.
Cost recovery is the cost of owning and operating a piece of equipment on a per-unit basis and changing that cost to on-going projects. As equipment is changed to projects, you are recovering its costs.
| 1 | Open 8-3 Equipment. |
| 2 | Using the data control, select the equipment. |
| 3 | Click the Cost Recovery Worksheet tab. |
| 4 | Under Cost Recovery, enter the rates at which you recover costs. These rates can differ from the rates displayed under Actual Cost. |
| 5 | Under Hourly/Mileage Rental Rate, enter the hourly or per mile billing rates. |
| 6 | Under Daily Rental, enter the billing rates per day. |
| 7 | Under Weekly Rental, enter the billing rates per week. |
| 8 | Under Monthly Rental, enter the billing rates per month. |
| 9 | On the File menu, click Save. |
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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.