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Farm equipment maintenance tracking and depreciation
Tractors, implements, mowers, trucks, ATVs, generators, chainsaws — anything with hours or a service interval belongs in the Equipment tab, with a full service history and a Schedule-F-ready depreciation view.
- Open the Equipment tabIn the left rail, go to Equipment. Three sub-tabs sit at the top: Inventory, Service Log, and Reports.
- Add a piece of equipmentClick "+ Add equipment" and enter its make, model, and serial number, purchase and warranty info, and any scheduled maintenance interval you want tracked (e.g. every 250 hours).
- See what maintenance is dueThe Inventory sub-tab shows a "Maintenance Due" card up top — anything coming due by hours or by date surfaces here automatically, so nothing slips through on a piece of equipment you don't look at every day.
- Log a service eventSwitch to Service Log to see every event across your whole fleet in one place, filterable by kind: maintenance, repair, inspection, fuel, damage, or note. Log events from an individual piece of equipment's own record.
- Check cost per hour and depreciationThe Reports sub-tab rolls everything up: "Cost per hour" for each piece of equipment based on logged service spend, and a straight-line, 7-year "Depreciation" roll-up using the Schedule F default life — a starting point for your own tax prep, not a substitute for your accountant's final depreciation schedule.
- See what's comingThe same Reports view includes an "Upcoming spend forecast" so you can see planned maintenance costs before they hit, not just after.
Good to know- Logging fuel and repair events as they happen (not batched at year-end) is what makes the cost-per-hour number on the Reports tab actually mean something.
- The depreciation figure is a starting estimate — always confirm the final method and life with whoever prepares your Schedule F.
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