equipment equipment pricing equipment costs video Setting up Your Equipment Catalog

This video will guide you through the process of setting up your equipment for estimating. This screen will help you calculate the hourly or daily cost of your equipment, then LMN will add your overhead recovery and profit to determine the hourly or daily price you should charge when using equipment on a job.

In this video you will learn:

  • How to add equipment (for estimating) to your equipment catalog
  • How to calculate the cost and price per hour (or per day) for your equipment
  • How to calculate your billable hours on equipment
  • How to recover fuel and repair costs in your equipment pricing
  • How to recover depreciation / cost of ownership in your equipment pricing
  • How to recover overhead on your equipment
  • How to set a custom price or custom profit margin for your equipment when estimating

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