A Cost Type is a way to categorize costs. It is used to categorize Task Definitions used in Task Workflows.

• Is optional if your company is not using Task Workflows (Kanban)
• examples might include Office Labor, Shop Labor, Field Labor, Contractor Labor

Configuration

To create a new cost type:

1. Go to Admin > Cost Types
   
   
2. Click the + New Cost Type The grid will become editable.
   
   
3. Click in the name field, enter a name, and click the check button to save or x to cancel. Repeat for the Code field (optional).
4. Select the Color of the cost type (optional)
5. Enter the Hourly Rate for the cost type (optional)