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Repair & Maintenance Cost

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The Repair & Maintenance Cost PowerUp gives you granular financial visibility into every asset's service history. Record multiple repairs per item, each with a cost and a categorised reason (e.g. accidental damage, wear & tear, calibration, electrical fault). itemit automatically tallies the total repair spend for each asset so you can see at a glance when an item has crossed the replace-not-repair threshold. A dedicated summary report rolls up repair costs across your entire register into one number, with drill-down to every item that has repairs logged against it.

The Problem

Repair costs are logged in spreadsheets or not at all, making it impossible to see the true lifetime cost of an asset or to justify replacement budgets.

The Solution

Record every repair with its cost and reason, get automatic running totals per asset, and generate a single summary report of all repair spend across your organisation.

In Action

A fleet manager logs a £650 gearbox repair under 'Wear & Tear' on a delivery van; itemit updates the van's lifetime repair total to £4,200 and the summary report flags it for replacement review.

Key Features

  • Record multiple repairs with individual costs against any asset
  • Assign each repair to a categorised reason (damage, wear & tear, calibration, etc.)
  • Automatic total-cost-of-repair calculation per asset
  • Summary report of all repair costs across your entire register
  • Drill-down view to see every item with repairs logged
  • Compare cumulative repair cost against original asset value
  • Export repair history and cost reports for finance teams

Preview

itemit.com/workspace
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Enabled
Repair & Maintenance Cost - Dashboard View
itemit.com/workspace
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Enabled
Repair & Maintenance Cost - Configuration

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