Create a cost type

  1. Open the Cost Type screen.
  2. Note the active company. If you want to change it, click in the header and select the appropriate company.
  3. In the Cost Type field, enter a code of up to eight alphanumeric characters to identify the cost type. You can also click to select the cost type you want to modify from a Lookup List
    Note: Alphanumeric characters include the letters A through Z, the numerals 0 through 9, and all special characters except comma, dash, period, percent, tilde, and single quote. In addition, the code cannot begin or end with a space.
  4. Press Tab.
  5. In the Name field, enter the name of the cost type.
  6. Complete the fields as described on the Cost Type Screen Field Reference.
  7. Click Save Cost Type.
  8. If you want the new cost type to be available for use with existing projects and equipment, click Yes. Otherwise, click No.
Tip: If you choose to not make the new cost type available for use with existing projects and equipment and decide later that you want the cost type to be available, you must Project Classification screen or Equipment Usage Type screen.
Note: To delete a cost type, select it and click Delete Cost Type.