If you have equipment that will be on a job for more than one billing cycle or an extended period of time, checking this box allows the system to use the equipment's 'transfer in' date and 'estimated out' date to determine the best revenue rate to use.

With this method, the system totals the 'billable estimate hours' from the last transfer In Date through the Est Out Date, and then determines the revenue code to apply from the usage rules table (based on where the 'billable estimate hours' fall in the "more than, less than" hours ranges in the table). It will then apply that rate to the actual hours accrued to the job in the billing period. If the billable hours do not fall in any of the hours ranges, the system uses the last sequence/revenue code.

For example, a piece of equipment moves from the Yard to a job three times during the month of April (assume 8 hrs/day, Monday - Friday).

In this example, the equipment was on the job for three days (24 hours of actual usage). Typically, the daily rate would apply; however, with the Est Out box checked for the template, the system calculates the 'billable estimate hours' from 06/30/10 through 07/15/10 (12 working days or 96 hours). According the usage rules table, the weekly rate applies rather than the daily rate; therefore, instead of converting the 24 hours into 3.0 days and applying the daily rate, the system converts the 24 hours into .06 weeks and applies the weekly rate.