Path: Organization > Lookups > Equipment Types
Equipment Types define the categories of equipment used by your organization.
If you set the Risk Level on each Equipment Type, Equipment records will default to the Risk Level defined by the Equipment Type. However, the default Risk Level can be edited during the creation of each Equipment record. Device Types and Risk Assessment Equation include more details about the formula and selections.
You have the option to select your own Risk Formula rather than the standard Default formula. See Risk Factor Formula for information about how to create a formula.
Risk Levels are also beneficial when generating Planned Maintenance schedules because you can select a specific level for generation. This feature is helpful when not all PM procedures can be completed. Select the Risk Factor on the Batch Job Entry window to ensure completion of PMs for critical pieces of Equipment.
The Cost Tab displays the total costs of all items for this lookup Type.
The UDF Tab gives you the option to define field labels specific to each Equipment Type.
If you use the optional Facility Scheduler module, the Rental Rates Tab is used to establish various charges and other information for all equipment of this type. Note that settings on this Tab do not transfer automatically to a record. When you mark the Rentable check box on individual records, the data transfers to any fields you left empty. If the Rentable check box is clear on the Type, no assets of that Type are eligible for rental, regardless of data added to the individual asset's Rental Rates Tab.
Equipment examples: construction equipment, dryers, printers