Equipment Budget Control
What is Equipment?
Equipment is composed of a variety of vehicles, tools, and machinery, which are capable of withstanding the conditions experienced throughout a business. It can virtually relate to any type of equipment used on the business to increase productivity and achieve goals in a quicker and easier manner.
Examples of commonly used equipment
Depending on the scope of works of a business or the industry it belongs there are many examples of equipment use.
For a taxi company equipment are all the cars that are used as taxi cabs.
In the Construction industry, some of the commonly used equipment are :
- Wheel Loaders
- Concrete Mixers
- Water Spray Units
- Pick Ups
For a transport company, equipment is mostly trucks.
Control of Equipment Budget & Costs using Rabio
Using Rabio makes it easy to control Equipment.
All equipment has to be recorded as centers.
All related categories like fuel (petrol, diesel, LPG, LNG), like spare parts (tires, filters, air filters), like lubricants or any other.
Budget is the next thing to be recorded where all equipment centers are associated with categories with the budgeted amount. At any moment budget can be updated during the financial period in case this is necessary.
Recording of costs is the next thing. Every action that produces costs for each individual equipment is easy to be tracked on Rabio. Each action is tracked on Rabio for the equipment including date, quantity (if exists), unit cost and total amount.
Using tags makes it easy to track various information like suppliers, brands or any other useful information that can boost indexing and reporting.
In some cases, external sources can be used for importing data to Rabio. Depending on the case Rabio can integrate with sources like accounting software using exported data.
The reporting system of Rabio is using all the recorded data and provides at any moment summarized reports and detailed information for all the equipment.
The extended flexibility gives the ability to users, with the support of Rabio developing, to include in Rabio new function or reports.
Rabio Demo Equipment Projects
In the available online demo of Rabio you can check examples of recording equipment & machinery.
There are two available demos, one for Equipment Control and one for a Taxi Company. In both cases there equipment fleets with a budget and recorded costs.
For more information on how to access the demo, please do visit https://www.rabio.eu/rabio/demo/