Billing & Cost Sharing

Aircraft Cost Sharing Basics

Resyrv records flights, dues, fuel, and payments in one running ledger for each member. Thus, nobody has to argue about who owes what.

The member ledger

Each charge and each payment goes on the ledger of the member as a separate entry. The headline balance of a member is the net of that ledger: flight charges, dues, fuel, packages, payments, and credits. This balance is always current.

Flight charges from the meters

When someone logs a flight with start and end meter readings, Resyrv calculates the billable time. Resyrv uses the meter that you set on the aircraft (Hobbs or tach). Then Resyrv posts the charge at the rate of that aircraft automatically. Nobody types a dollar amount manually.

Fixed costs and variable costs

Two types of money go through the ledger:

• Variable - flight time. The price is per hour, and the meters set the time.
• Fixed - recurring dues, hangar shares, and reserves. They post on a schedule. Flight time does not change them.

Most groups use the two types: an hourly rate for wear and reserves, and monthly dues for fixed overhead costs.

Revenue and margin for each aircraft

The Fleet Utilization report shows these values for each tail: hours flown, dispatches, revenue, operating cost, pro-rated fixed cost, margin, and down days lost to maintenance. If you set the grouping to Aircraft by month, the report shows the same values for each month. Thus you can see a trend, for example a slow quarter or a tail that stopped earning money.

Wet and dry fuel modes

You set the fuel mode one time for each aircraft. On a wet rate, the hourly price includes fuel, and you do not have to do more. On a dry rate, the hourly charge does not include fuel. Members send fuel receipts for reimbursement, and Resyrv credits the reimbursement to their balance.

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