Equipment Timecards Overview

For contractors who have intensive equipment tracking needs, Corecon offers not only a method to document owned or rented equipment but also track usage. The Equipment Timecard feature provides the contractor a system for entering daily or weekly time reports for each piece of equipment. Equipment utilization reports are available that show details by project, contract, and job cost code.

Important Things To Know

• If Timecards are going to be entered for Rental Equipment, then their Run Time, Idle Time, and Down Time Cost Rates should be set either to zero (0) or to the fuel consumption cost rate in order to avoid duplicate costs with the Rental Equipment Vendor's Bill.
• Equipment Timecards will appear in Project Analytics under Committed Cost and Cost To Date columns.
• In order to import Equipment Timecards into a Cost Plus Prime Invoice, the following criteria must be met.
  • Status = Approved
  • Billable Status = Billable
  • Billable Total > 0
  • Timecard Date < Prime Invoice Issue Date

Steps To Complete Before Entering Equipment Timecards

• Make sure Equipment Items are setup in the Estimating Module.
• Make sure the Prime Contract that will be referenced on the Timecard is Approved and has a Status Date.
• Like the Prime Contract, a Job Cost Code is required when entering Timecards.

Options to Create Equipment Timecards

• Add Daily Equipment Timecards
• Add Crew Timecards
• Importing From Microsoft Excel

See Also

• Reduce Number of Job Cost Codes on Equipment Timecard Data Entry Forms
• Globally Change Equipment Timecards
• Equipment Job Costing Overview