Fleet profit and loss

 

Using Unifleet, key people in the fleet management lifecycle can enter data from any PC with Internet access, and managers can easily generate the reports they need. Reports are available in PDF or Excel format. Some include charting abilities for a graphic presentation of the information.

 

Unifleet - Profit and loss report


What does this mean?

The profit and loss report is a comprehensive report using cost and timesheet hours data extracted from the client’s financial software.

Income for the reporting period is a flat monthly charge or the hire rate for each asset multiplied by the timesheet hours allocated to it.

Expenditure is grouped by:

  • Overheads
  • Fuel costs
  • Maintenance
  • Fringe benefits tax
  • Lease costs

Income is compared to expenditure to show profit or loss.

Over recovery (as in the low-loader trailer and the tipping tri-axle trailer in the above report) can be adjusted through amended hire rates, as can under recovery.