Setting Up Types

The equipment type is a way to classify items of equipment. It is generally a wider classification than the model number.

The account mask on the equipment type helps determine the revenue account and cost accounts used in a sales transaction, as well as the revenue accounts for rental and transport invoices. The mask can be used to direct revenue and costs for a type of equipment to a specific general ledger account.

The account mask on the equipment type takes precedence over the revenue account on the item record, if the equipment record is an inventory item. It also takes precedence over a revenue account selected on the Inventory tab of the Equipment Manager record for the piece of equipment. However, account masks can also be set up for equipment branch and equipment division. Type, branch, and division should be represented by different account segments. If there is a clash, branch takes highest precedence, followed by division and then type.

Select Microsoft Dynamics GP > Tools > Setup > Equipment > Equipment > Types.
Complete the following fields, as necessary.
- Equipment Type
  Enter an equipment type.
- Description
  Enter a short description.
- Long Description
  Enter a long description.
- Account Mask
  Enter an Account Mask for the revenue on sale of equipment of this type. Use ? as the wild character. See About Account Masking for more information on account masking.
- Eq. ID Segment Value
  Enter the name that you want to use for this type when the equipment ID of a new piece of equipment is set up to contain a segment based on equipment type. See Setting Up Equipment Numbering Types.
Select Save.