Recurring Costs |
The Recurring Costs tab enables you to display and define the recurring costs of components.
Tip: To limit the display of information in the grid and maximize performance, use the filter. You can search on equipment ID, part ID/suffix, PM program class, SLA equipment category, assigned repair location ID, and operator ID/name, among other values. The list of searchable fields on the filter is extensive; use the scroll bar to view them all.
Note: Filtering data based on fuel/fluid type uses the information in the Supported fuel/fluid types screen group on the Codes tab.
The Primary Information screen supports department-level and location level access control, so you must belong to a user group with the applicable authorizations to make changes or updates.
The field in the top section of this tab defines the data that displays.
Equipment ID
Identifier of the component currently selected in the grid or that you are defining. The number of components you can insert into the system is dependent on your organization's license. This field has a list box. If the ID already exists, the component year, manufacturer, and model display to the right of the ID.
When you insert a component with an asset category that supports automatic numbering and this field is blank, the system generates an equipment ID that follows the format specified in the Custom ID structure field on the Data -> Equipment Units -> Setup -> Asset Categories screen. If the asset category does not support automatic numbering, the equipment ID is based on either part/location settings or system settings. If you specify an ID and the component’s asset category supports automatic numbering, the ID is not overwritten.
Whether an asset category supports automatic numbering is specified on the Data -> Equipment Units -> Setup -> Asset Categories screen.
The data in the fields in the bottom section of this tab define recurring costs for components.
All the monthly cost fields are optional. They are available on the Queries/Reports -> Query/Report Generator screen, including fixed costs on special reports. You may use these cost categories however you want. During End of Period monthly processing, these amounts are recorded in the Equipment Cost Data (EQ_COST_DATA) table for the component for the month and year designated for monthly processing.
Fixed monthly cost
Total of all fixed monthly costs for the component that are not included in one of the other monthly cost items.
Fixed insurance cost
Monthly total of all fixed insurance costs for the component.
Fixed replacement cost
Monthly amount allocated to fund the replacement of the component. Cannot be less than zero
Fixed licensing cost
Total of all fixed monthly costs to license and register the component.
Other fixed cost 1, 2, and 3
Additional fixed monthly cost fields.
Insurance rate ID
Insurance rate ID applicable to this unit. This field has a list box. It is optional, but any value you enter must match an insurance rate ID defined on the Data -> Equipment Units -> Setup -> Insurance Rates screen. If this field contains an insurance rate ID, during End of Period monthly processing the system records 1/12 of the annual amount specified for the insurance rate ID to the Equipment Cost Data (EQ_COST_DATA) table for the component for the month and year designated for monthly processing.