Add a Cost Category

You can create as many cost categories as necessary to meet the business needs of your organization.

To add cost categories:

  1. In the object selector, select a workspace.
  2. In the sidebar, select Summary & Settings.
  3. On the Summary & Settings menu, select Dictionaries, and then select Cost Categories.
  4. On the Cost Categories page, select Add.
  5. In the new row, complete the following fields:
    1. Abbreviation: Enter an abbreviation that is 10 characters or less.
    2. Name: Enter a unique name.
    3. Type: Select a type. Valid values include Labor, Equipment, Materials, and Other.
    4. Sharing Method: Specify how the data is shared between parent and child workspaces:
      • Manual: The data can be pulled down by child workspaces individually, using the Assign button in each child workspace. This is the default option.
      • Automatic: The data is pushed down to child workspaces automatically.
  6. Select Save.
  7. In the Summary & Settings panel, select Close.

This setting is used in the following apps:

Cost and Funds
Scope