Equipment Billing Parent / Child

hello -

Is it possible to have a parent child relationship for equipment billing. Currently we record our equipment hours thru F06116Z1 Equipment Worked and Equipment hours. Is it possible if we bill out the Parent it will auto bill out the child?

Example: We bill out asset 1234 which is a pick-up truck that pick-up truck as a welder attached to it asset 5678. If we enter 8 equipment hours is there a way the system would bill out the child for 8 hours?

Jeff