How do maintenance costs reach the accounts?
In short
Parts issued to a job reduce stock, and labour and subcontractor costs are charged to the right building, project or cost centre.
Because facility management shares one database with inventory and accounting, the cost of each job is captured as the work is done. Spare parts issued from the warehouse reduce stock, and labour and subcontractor costs are posted against the relevant building, project or cost centre.
Budget holders can compare actual maintenance spend with plan at any time, without waiting for a monthly summary.