System Five on Cloud · Rental & Fleet Utilisation

Asset Economics

Asset Economics is part of Rental & Fleet Utilisation in Windward System Five. System Five includes 8 documented capabilities here — all 8 optional. Trades that lean on it include Powersports Sales Service & Rental, Party & Equipment Rental Businesses, Medical Supply Sales, Service & Rental.

These 8 capabilities sit within System Five's 1287-capability documented set — a selection, not a ceiling.

Optional

Depreciation by percentage on rental Optional — Rental #

Write fleet value down as it rents

A percentage set on the item's Rental Rates tab depreciates a serialized unit each time it is rented on a final invoice — recorded in the invoice line's Landed column and as a negative in the serialized record's Wholesale Extra, reducing Landed value until it reaches zero, after which no more is taken. Unitized items have their Capitalized field updated to match.

Depreciation history per unit Optional — Rental #

See how a unit was written down

Each serialized unit's depreciation entries are viewable from the Serial Numbers tab of the inventory record via a Depreciation button.

Lifetime rental time and revenue Optional — Rental #

See what a machine has earned lifetime

Lifetime rental hours and revenue are stored for both pooled and serialized inventory, updated whenever an item reaches returned state on a completed invoice, shown in the Statistics area of the Rental Rates tab and per unit on the Unit record's Rentals tab.

Lifetime value adjustments and rebuild Optional — Rental #

Rebuild lifetime figures lost to a crash

Lifetime figures accept a one-off Starting Value, which is overwritten when re-entered, plus additive Manual Adjustments that cannot be deleted but can be reversed, with a view of all prior adjustments. A Toolbox routine recalculates lifetime revenue and time if a figure was lost to a crash or network failure.

Maximum-revenue benchmark rate Optional — Rental #

Measure revenue against what the fleet could earn

A default utilisation rate type is configured so the system can work out the maximum possible rental revenue for a period and express actual revenue against it as dollar utilisation.

Non-availability factor Optional — Rental #

Stop maintenance downtime skewing utilisation

Each item can carry a non-availability percentage — set as a type and value, for example two days per week, calculated as 1/7 x 2 or 28.57% — so time out for maintenance is excluded from the utilisation denominator. Left at zero, maintenance downtime counts against utilisation instead.

Rental profit and loss by unit Optional — Rental #

See which units make money after repairs

The Rental Profit and Loss report sets rental revenue from invoices against cost taken from rental maintenance invoices and reports the net per unit, filterable by date, department and category or item, with an option to exclude units that had no activity.

Time, dollar and cost utilisation Optional — Rental #

Know which machines earn their keep

The Rental Utilization report calculates Time, Dollar and Cost utilisation per rental item from returned rental lines on completed invoices, with published guidance on reading the combinations — high time plus low cost utilisation means rates are too low, low plus low means consider selling the unit.

Common questions

Does System Five help you see which units make money after repairs?

Yes. The Rental Profit and Loss report sets rental revenue from invoices against cost taken from rental maintenance invoices and reports the net per unit, filterable by date, department and category or item, with an option to exclude units that had no activity. This is optional in System Five.

Does System Five help you know which machines earn their keep?

Yes. The Rental Utilization report calculates Time, Dollar and Cost utilisation per rental item from returned rental lines on completed invoices, with published guidance on reading the combinations — high time plus low cost utilisation means rates are too low, low plus low means consider selling the unit. This is optional in System Five.

Does System Five help you write fleet value down as it rents?

Yes. A percentage set on the item's Rental Rates tab depreciates a serialized unit each time it is rented on a final invoice — recorded in the invoice line's Landed column and as a negative in the serialized record's Wholesale Extra, reducing Landed value until it reaches zero, after which no more is taken. Unitized items have their Capitalized field updated to match. This is optional in System Five.

Does System Five help you see what a machine has earned lifetime?

Yes. Lifetime rental hours and revenue are stored for both pooled and serialized inventory, updated whenever an item reaches returned state on a completed invoice, shown in the Statistics area of the Rental Rates tab and per unit on the Unit record's Rentals tab. This is optional in System Five.

Every capability on this page is documented in the System Five capability index. Last updated 2026-11-05.