Cost Types

How to create cost types in Project

Jacqui Sullivan avatar
Written by Jacqui Sullivan
Updated over a week ago

Cost types define the type of cost incurred which are then charged to the various projects.

Prior to creating cost types cost groups need to be created.

Cost types are located within Project > Other setup > Cost Type.

  • No. - enter a cost type number

  • Group - select a cost group that defines the cost type

  • VAT code - enter the default vat code applicable, this can be changed at the point of entering the expenses.

  • Access - open, can be used, Barred, cannot be used.

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