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  Workspace, select View Workspaces List, and then select a workspace name.
2. From the  Main Menu, select  Summary & Settings.
3. On the Summary & Settings page, 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.

This setting is used in the following apps: