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Recurring Costs


The Recurring Costs tab enables you to display and define the recurring costs of equipment units.

The Rail Equipment screen supports location level and department-level access control, so you must belong to a user group with the applicable authorizations to make changes or updates.

Detail View Header

The field in the top section of this tab defines the data that displays.

Equipment ID

Identifier of the equipment unit currently selected in the grid or that you are defining. This field has a list box. The equipment unit year, manufacturer, and model display to the right of the ID.

Detail View

The data in the fields in the bottom section of this tab define recurring costs for equipment units.

All the monthly cost fields are optional. They are available in the Query/Report Generator so that fixed costs may be included on special reports. You may use these cost categories however you want. During End of Period monthly processing, each of these amounts is recorded in the Equipment Cost Data (EQ_COST_DATA) table for the equipment unit for the month and year designated for monthly processing.

Fixed monthly cost

Total of all fixed monthly costs for the equipment unit that are not included in one of the other monthly cost items.

Fixed insurance cost

Monthly total of all fixed insurance costs for the equipment unit.

Fixed replacement cost

Monthly amount allocated to fund the replacement of the equipment unit.

Fixed licensing cost

Total of all fixed monthly costs to license and register the equipment unit.

Other fixed cost 1, 2, and 3

Additional fixed monthly cost fields.

Insurance rate ID

Identifier of the insurance rate 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 one-twelfth of the annual amount specified for the insurance rate ID is recorded in the Equipment Cost Data (EQ_COST_DATA) table for the equipment unit for the month and year designated for monthly processing.