Recurring Charges Settings

Recurring charges for assets in your fleet are ongoing cost associated with operating and maintaining assets. These charges can include lease/ loan payments, telematics subscriptions and regulatory fees just to name a few. Proper tracking of these recurring expenses is essential for budgeting and cost control.

Setting up a Recuuring Charge in Bulk

1. From the main menu, Assets>Asset Settings>Recurring Charges

Open

Open

3. Here you will see any “Fees” already set up

4. Click “New Fee” to add a new Recurring Charge

5. Fill in the form

5a. Fee Name

5b. Monthly Cost

The calculator in the top right is a payment calculator to assits in determining the appropriate repayment schedule for an asset

5c. Choose a fee type from the drop down (These are not currently editable)

5d. Click assign to all assets or leave blank to assign from an asset list

5e. Choose a Start and Stop date

5f. Click Save

6. Admin has now been added

7. To add this fee to assets from an asset list we need to add the “Fee Category”

8. Next to the Admin name is a plus sign

9. Fill in the name and decide if you want to override fee from the $35 that was initially set up

10. Click “Save”

11. Now click the “Plus” button in the top right to add this fee to assets

12. Click the box next to each asset this fee should apply to and click add

13. The list of assets is now viewable and can be edited at anytime

Setting up a Recurring Charge to a Single Asset

Click here: How to set up a Recurring Charge to a single asset