How do I add a piece of equipment to Traction?

This article explains how to add a piece of equipment, including ownership costs and distribution of allocated expenses.

Adding a piece of equipment with default costs requires Basic Operations

Adding ownership costs and splits for allocated expenses requires Basic Accounting, Advanced Accounting, and Basic Operations (Pro Package).

1. Using the navigation menu on the left of your screen, open the Resources menu and select Equipment
2. Click on the + New Equipment button in the top right corner.
3. Enter the equipment Name and Operation Cost, if you are using the equipment for field records. Click on the toggle next to This equipment is owned to calculate the Ownership Cost for that piece of equipment. Fill in the information in the Ownership Cost section and click on the calculator icon to calculate the Ownership Cost/year. Next, click Save & Close. The ownership cost does not, however, show in your Chart of Accounts. If you would like to add more equipment from this screen, click on the arrow to the right of Save & Close and select Save & New. The equipment has been added to the Equipment screen.
4. Method 1: Applying costs from field records. Select the toggle This equipment used in Field Records to assign a cost per acre from field records only.
5. Method 2: Applying costs split by field area. Deselect the toggle This equipment used in Field Records to allocate costs split between all crop zones. The other option is to have a weighted split by crop.
6. Click on the three dots at the right of the row to View Details or View Cost Details. Equipment Details screen where you can click on Edit. Changes can be made and Saved or you can Delete the equipment.