1. A network based system for maintaining at least one component, said system comprising: a client system; a centralized database for storing information; a server system configured to be coupled to said client system and said database, said server system further configured to: receive, at the database, component operational history data and component inspection data from a user for a pre-identified component; receive, at the database, a customer expectation of contingency fees and service prices from a user; receive, at the database, costs comprising at least one of component replacement part costs, component part repair costs, and vendor service costs, the costs are associated with the pre-identified component and are determined using pre-stored costs related to the pre-identified component; prompt a user to input a pre-determined component operational forecast into the database; receive, from the user, a number of inspection intervals for component parts, and based on the number of inspection intervals for each component part, adjust a quantity of input entries for repair work for each component part; determine whether the user input all information necessary to generate a financial report; present an error message to the user and halt execution if it is determined that not all information necessary to generate a financial report was input; analyze component maintenance information including component inspection data and at least one of component operational history data, customer expectation of contingency fees and service prices, replacement part costs, part repair costs, vendor service costs, and component operational forecast; and automatically generate a financial report including at least one schedule of component maintenance events and costs associated with each event based on the component maintenance information analysis.