Update equipment items in an estimate

When equipment items are added to an estimate, each one includes a dedicated details form with specialized functionality for updating cost rates based on duration (Hour, Day, Week, or Month) or rental options.

Description: Bobcat With One Smooth or Toothed Bucket
Quantity: 2
Units: Weeks

Typical equipment units include Hours, Days, Weeks, and Months.
Cost rates:
- Base cost rate = $640.00
- Burden cost rate = $50.00
  
  Burden costs include expenses such as fuel or maintenance.
- Total cost rate = $690.00
Proposal and sell rates:

Sell rates appear on the proposal and might either match the cost rate or include a markup applied as a percentage or a fixed dollar amount. The sell rate must always be greater than or equal to the cost rate.
Totals:
- Total cost = 2 weeks * $690.00 per week = $1,380.00
- Total sell = 2 weeks * $690.00 per week = $1,380.00
Rental rate information:
- Daily rate = $176.00
- Weekly rate = $640.00
- Monthly rate = $1920.00
Calculated equipment hours:

The estimate item’s calculated equipment hours are based on the referenced unit of measure. Sage Construction Management uses the following internal formula for unit conversion:
- 1 hour = 1 hour
- 1 day = 8 hours (work hours)
- 1 week = 5 days (work days) * 8 hours = 40 hours
- 1 month = 22 days (work days) * 8 hours = 176 hours
If the equipment unit is blank or does not match Hours, Days, Weeks, or Months, the calculated equipment hours are set to zero (0).

View the equipment items

Go to Leads or Projects and select the lead or project in the Quick Select section.
On the Lead or Project Home page, select Estimates in the Preconstruction section.
Select the estimate number or title from the list.
Select View Estimate.
Within the estimate, select the Items tab.
Optionally, select the Cost Code to filter the list of items.
Optionally, select Equipment Items from the Special Filter dropdown.

Update individual equipment items

Select the edit icon () next to the item that needs to be updated.
Review and update the Item Code, equipment Description, and Quantity & Units as needed.
Optionally, select the magnifying glass icon () next to the unit field to switch units.
For example, Hrs, Days, Week, Month, or Year.
In the Item Resource Units & Rates tab, review and update the equipment conversion factor, unit, base cost rate, burden cost rate, and sell markup as needed.
Sell rates appear on the proposal and might either match the cost rate or include a markup applied as a percentage or a fixed dollar amount. The sell rate must always be greater than or equal to the cost rate.
Select the Rental Rates tab.
Optionally, select the Rental checkbox.
Optionally, review and update the Daily, Weekly, or Monthly rates as needed and select Set next to the updated field.
Review and update the item Quantity & Units field, as they might have been converted based on the rental rate selected.
Select Save & Close.

Update multiple equipment items

Select Equipment from the view dropdown.
This determines which fields are displayed in the list and can be updated.
Select Edit.
Review and update the item description, quantity, and unit as needed.
Review and update the equipment conversion factor, unit, base cost rate, burden cost rate, and sell rate as needed.
Sell rates appear on the proposal and might either match the cost rate or include a markup applied as a percentage or a fixed dollar amount. The sell rate must always be greater than or equal to the cost rate.
Select Save.