Maintenance Provision Overview

** These utilities are under development and are not yet available. **

Optional maintenance provision postings can be generated automatically, to reflect a maintenance expense in the G/L as a portion of the rental revenue.

An hourly rate to be expensed for maintenance can be entered in the Maintenance Provision field for each rate code, in the expanded rate structure detail of Rental Inventory and in Groups . If NO maintenance provision postings are required for a rate code, the field can be left blank.
When invoices for this equipment at this rate are posted in the Daily Close, a Debit is then posted to the Maintenance Expense account and a Credit is posted to the Maintenance Provision Liability account as setup in Rental Product Classes .

This submenu provides utilities to enter and to post manual maintenance provision postings, by product, division, and date. Reports and inquiries are also provided to review existing and unbilled maintenance provision amounts.

Maintenance Adjustments
 Post Maintenance Adjustments
 Maintenance Provision Trx Summary Report
 Maintenance Provision History Inquiry
 Month End Maint Provision Report