Heavy Highway Contractor

  • 1.  Paving Wear Parts

    Posted 08-15-2020 14:49

    Trying to get a consensus.

     

    Are you charging paving equipment wear parts to the maintenance cost of the equipment or charging directly to jobs?

     

    Examples are paver screeds, shuttlebuggy C1, C2, C3 rebuilds.

     

    Thanks for any feedback.

     

     

     

     

    William (Bill) Zobel, CPA, CCIFP

    Chief Financial Officer

    Banks Construction Company

    4902 Banco Road | North Charleston, SC 29418

    Direct: (843) 377-1000 | Mobile: (843) 371-0703

    www.banksconstruction.com

    A drawing of a face Description generated with high confidence
    Paving the Way Since 1948

     

    www.banksconstruction.com

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  • 2.  RE: Paving Wear Parts

    Posted 08-16-2020 09:03
    Charge to equipment maintenance.

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    Robert Smith CPA, CCIFP
    Senior VP of Finance
    Vecellio Group, Inc.
    West Palm Beach FL
    (561) 784-3553
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    Original Message


  • 3.  RE: Paving Wear Parts

    Posted 08-17-2020 08:16
    I agree.  Charge them to the piece and the cost of repairs should be covered in the equipment charge out rate.

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    Matt McCloskey CCIFP
    Operations Controller
    Worcester PA
    (610) 584-3468
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    Original Message


  • 4.  RE: Paving Wear Parts

    Posted 08-17-2020 10:34

    When I was the controller of a road builder, we charged wear parts to the equipment.

    In my opinion, charging the cost to the equipment is more conducive to accurate equipment costing which allows for better decision making regarding when to replace equipment.

     

    Cindy Walters, CCIFP

    Management Professional

    Great Lakes Water Authority • 735 Randolph • Detroit, MI 48226

    C: 313.549.6550

    E: cynthia.walters@glwater.org

    General Information: 844.455.GLWA (4592)

     

         

     

     

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    Original Message


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