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Equipment setup Form.
After the Equipment Names have been setup then individual instances of equipment regularly used in job, stored in inventory and subsequently involved in a particular job.
Each piece of equipment in your inventory has a life expectency, on top of that accountancy practices mark-down the values of inventory items as a matter of course over time.
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To help make the two methods approximate fields exist for the
The Acquisition Date
Purchase Cost
Life Expectancy
These values mean each piece of equipment can have it's depreciation rate, final value and along with its expected lifetime maintenance and storage costs means that its cost can be accurately determined as a resource from Job to Job.