Capitalized Work Orders

Owned by Nathan Schafer
Last updated: Sept 12, 2024 by Merlin Villela
2 min read

RTA allows you to capitalize work orders for major repairs or overhauls, these types of repairs usually require approval during the budgeting process to cover these expenses. Capitalizing work orders keeps these costs out of the maintenance cost which allows for more accurate operational costing and capital budget tracking.

 

  1. Creating a Capitalized Work Order is no different than any other shop work order. Refer to Work Order for instructions on creating a work order.

  2. Once you complete the work order, you will navigate to the asset file and click on the Financial Tab

Financial tab.png

  1. Scroll down to add depreciation by clicking on the plus button

Add depreciation.png

  1. Add your Capitalized Work Order number, total depreciation months and description into the form and click “save”

  1. Once you confirm the depreciation you will see the capitalized work order in the list