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Other Costs

Other Costs may apply to any Resource Contact Type.  Other Costs examples may include items like training programs or tool buyback programs.  These are different than one time costs, because these can be applied to more than one resource, or multiple times.  A one-time cost example may be one training certification class that was taken one time by one person.       

 

 

Field

Description

Other Cost ID

A unique identifier for a cost associated with a contact such as training or other non-wrench turning time.

Other Cost Description

Describes the cost.

Default Cost

The default cost that should be charged to the Contact for this other cost.

General Ledger ID

A unique identifier for the general ledger account number associated with the other cost.

General Ledger Description

Describes the GL Account.

Comments

Any descriptive information about the other cost.

One Time Costs

iMaint allows users to add a One Time Cost. This entry will not have an ID and is not a value that is validated from the Other Cost table.  When you enter a One Time Cost it will post a transaction similar to the Other Cost transaction records. The One Time  Costs sub tab can be used for tracking costs you wish to track but are not occurred under regular business processes.  For example, One Time Costs may apply when a Resource takes a class for certification and the cost does not apply as Other but you still want to track the cost. Use the One Time Cost button to log the price of the training class. Using the Sub Tab on the Asset form, you may change the One Time Costs if you need to make a correction. This will be the only cost that is automatically applied to the Asset Totals without having to run the Period End Processing.  A negative transaction will be written for the original amount and a second transaction will post with the new date and time and correct amount.

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