What is cost per km and how does it show in my reports?
Assigning a cost per km to an asset lets Argus show the running cost of each trip on the Trip, Mileage, Usage and Utilisation Reports and the Asset Register, based on a figure you enter yourself.
Cost per km (or per mile) is a figure you enter on an asset's profile so Argus can show the running cost of each trip that asset makes, across several reports and the Asset Register.
Also known as / customers also ask: cost per km, travel cost report, true cost of running a vehicle, asset running cost, cost per mile
What does the cost-per-km figure do?
Once set, Argus multiplies the distance recorded for a trip by your cost-per-km figure, and displays the resulting cost on the Trip Report, the Mileage Report, the Usage Report and the Utilisation Report, and as a running-cost column on the Asset Register.
How does Argus calculate the cost — does it include fuel, maintenance and depreciation?
Argus doesn't calculate this figure for you. You enter a single cost-per-km value on the asset's profile, and it's applied to every trip. What that figure represents — fuel only, or a blended figure including maintenance, depreciation and RUC — is entirely up to what you enter.
Where do I get a cost-per-km figure from?
Argus doesn't publish or calculate cost-per-km figures. One option some customers use is looking up an estimated total cost of ownership per km for a vehicle's make, model and year on a third-party calculator, such as the New Zealand government's EECA Business vehicle total cost of ownership calculator, then entering that figure yourself.
How do I get started with cost per km?
Enter a cost-per-km (or per-mile) figure on the asset's profile page. Once saved, the figure is applied automatically to that asset's trips on the reports listed above. contact Argus support if you can't find the cost-per-km field on your account.
This article doesn't cover how to edit an asset's profile in full, or FBT reporting — see how to report on FBT using Argus for FBT.