Equipment Rate Options

Track supports various rate options for calculating equipment charges. The six main rate options are representing different types of rate structures applied to the equipment. The options enable customers to contract equipment rates in an hourly, daily, weekly, monthly manner, or any combination of those.

The Track application has a feature that allows the users to add the total hours for the equipment utilization. The Total Hours Entry feature is a time-saving tool to improve productivity by eliminating the process of entering multiple equipment IN and OUT times. If applicable, click the Total Hours checkbox for each rate option to enable the Total Hours Entry feature.

Hourly Rate option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the Type drop-down list.

3. Select the Hourly Rate option from the Equipment Rate Option drop-down list to enable the Hourly Rate and Idle Rate text boxes.
   

4. Enter the amount into the Hourly Rate and Idle Rate text boxes.

5. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

6. Enter the rate description into the Rate Description text box.

7. Enter the ERP Codes into the appropriate ERP text boxes.

8. Click the Submit icon to save the equipment rate. The message displays, "Equipment Rate(s) have been saved."

9. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Hourly Rate with Daily Max option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the Type drop-down list.

3. Select the Hourly Rate with Daily Max option from the Equipment Rate Option drop-down list to enable the Hourly Rate, Daily Rate, and Idle Rate text boxes.
   

4. Enter the amount into the Hourly Rate, Daily Rate, and Idle Rate text boxes.

5. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

6. Enter the rate description into the Rate Description text box.

7. Enter the ERP Codes into the appropriate ERP text boxes.

8. Click the Submit icon to save the equipment rate. The message displays, "Equipment Rate(s) have been saved."

9. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Daily Flat Rate option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the Type drop-down list.

3. Select the Daily Flat Rate option from the Equipment Rate Option drop-down list to enable the Daily Rate and Idle Rate text boxes.
   

4. Enter the amount into the Daily Rate and Idle Rate text boxes.

5. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

6. Enter the rate description into the Rate Description text box.

7. Enter the ERP Codes into the appropriate ERP text boxes.

8. Click the Submit icon to save the equipment rate. The message displays, "Equipment Rate(s) have been saved."

9. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Daily Base/Over Rate option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the >Type drop-down list.

3. Select the Daily Base/Over Rate option from the Equipment Rate Option drop-down list to enable the Idle Rate, Base Rate, Base Hours, and Over Rate text boxes.
   
   

4. Enter the amount into the Idle Rate, Base Rate, Base Hours, and Over Rate text boxes.

5. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

6. Enter the rate description into the Rate Description text box.

7. Enter the ERP Codes into the appropriate ERP text boxes.

8. Click the Submit icon to save the equipment rates. The message displays, "Equipment Rate(s) have been saved."

9. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Weekly Base/Over Rate option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the Type drop-down list.

3. Select the Weekly Base/Over Rate option from the Equipment Rate Option drop-down list to enable two methods.

4. There are two methods to choose from the Weekly Base/Over Rate equipment rate option.

• Method 1: Input Week/Monthly Rate option
  

1. Click the Method 1: Input Week/Monthly Rate button to enable its rate text boxes.

2. Enter the amount into the rates text boxes.

3. Select the start day of the week from the Weekly Start drop-down list.

4. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

5. Enter the rate description into the Rate Description text box.

6. Enter the ERP Codes into the appropriate ERP text boxes.

7. Click the Submit icon to save the equipment rate. The message displays, "Equipment Rate(s) have been saved."

8. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

• Method 2: Input Max Billable Base Hours option
  

1. Click the Method 2: Input Max Billable Base Hrs button to enable its rate text boxes.

2. Enter the amount into the rates text boxes.

3. Select the start day of the week from the Weekly Start drop-down list.

4. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

5. Enter the rate description into the Rate Description text box.

6. Enter the ERP Codes into the appropriate ERP text boxes.

7. Click the Submit icon to save the equipment rates. The message displays, "Equipment Rate(s) have been saved."

8. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Monthly Base/Over Rate option

1. Click Input Rate to display the Equipment Rate Entry dialogue box.

2. From the Equipment Rate Entry dialogue box, select an equipment type from the Type drop-down list.

3. Select the Monthly Base/Over Rate option from the Equipment Rate Option drop-down list to enable two methods.

4. There are two methods to choose from the Monthly Base/Over Rate equipment rate option.

• Method 1: Input Week/Monthly Rate option
  

1. Click the Method 1: Input Week/Monthly Rate button to enable its rate text boxes.

2. Enter the amount into the rates text boxes.

3. Select the start day of the week from the Weekly Start drop-down list.

4. If the selected equipment type has a charge monthly over rate, click the Charge Monthly Over Rate checkbox.

5. Select the date of the month from the Monthly Start drop-down list.

6. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

7. Enter the rate description into the Rate Description text box.

8. Enter the ERP Codes into the appropriate ERP text boxes.

9. Click the Submit icon to save the equipment rates. The message displays, "Equipment Rate(s) have been saved."

10. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

• Method 2: Input Max Billable Base Hours option
  
  

1. Click the Method 2: Input Max Billable Base Hrs button to enable its rate text boxes.

2. Enter the amount into the rates text boxes.

3. Select the start day of the week from the Weekly Start drop-down list.

4. If the selected equipment type has a charge monthly over rate, click the Charge Monthly Over Rate checkbox.

5. Select the date of the month from the Monthly Start drop-down list.

6. Enter the equipment type rate start and end dates into the Start Date and End Date text boxes. Alternatively, select the dates from the calendar. (see also Date Format)

7. Enter the rate description into the Rate Description text box.

8. Enter the ERP Codes into the appropriate ERP text boxes.

9. Click the Submit icon to save the equipment rates. The message displays, "Equipment Rate(s) have been saved."

10. Click the Close icon to close the Equipment Rate Entry dialog box and view the new equipment rates in the Rate Listing.

Related Topic

Equipment Rates