VIDEO: How to Calculate Equipment Costs per Hour

Business Productivity Tips & Training
  How to Calculate Equipment Costs per hour.  What does it cost your company, on an hourly basis, to have equipment on the jobsite? Whether you have a mower, a compact tractor, or an excavator on the jobsite, learning how to calculate the cost-per-hour for each piece of machinery that your company owns and uses on a job site is a great tool for understanding, and even eventually, recouping the actual cost of the machine itself. Most contractors have a rough idea of these costs - but these days is a rough idea good enough?  We don't think so. Equipment cost-per-hour rates are calculated by adding together three (3) distinct pieces of information. Watch this YouTube video to learn how to calculate the cost of your equipment.     Once…
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eBook: Getting Equipment Costs into QuickBooks Job Costing Reports

Getting equipment costs into your QuickBooks Job Costing reports is a crucial piece of your overall job costing. If you feel that getting equipment costs into your job costing was a function that only costly construction software was capable of doing.  Think again, QuickBooks can track this accurately if it's set up correctly.  Yes, it's a little more work - but it's accurate, effective, and a whole lot cheaper than costly construction software. Whether you own, rent, or lease equipment you need to know the hourly or daily cost to have each piece of equipment on the jobsite and you need to get these costs into your QuickBooks Actual vs. Estimate and Job Profitability Reports. Our 32-page eBook will teach you: How to determine the cost-per-hour for each piece of…
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