Why is Tracking Equipment Difficult & Important?

June 13, 2022

Capital Asset Management

Did you know that equipment moves at the speed of sound? Making it extremely difficult, tedious, and overwhelming to track.

Why is Tracking Equipment Difficult:


Even though tracking equipment is a difficult and expensive task, it is a very important process.

Why is Tracking Equipment Important: 

In conclusion, tracking your equipment can provide a positive impact on your financial overhead rate calculations and recoveries. A good way to calculate a “what if” impact scenario is to allocate equipment depreciation to a room and then multiply the impact by recovery per point. Once you have done that, we advise you to have a candid conversation on the benefits of precise facility allocations. 

If you have any questions about tracking equipment, our team would be happy to help. You can message Greg Sheahan here.