Create a cost type definition

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • Create a cost type definition to associate a cost type, operating, or capital, to an account in the General Ledger from the Financial Management application. Create a cost type definition if you are using Project Portfolio Management with Financials.

    Before you begin

    Role required: it_pps_admin

    Procedure

    1. Navigate to All > Project Administration > Settings > Cost Type Definitions.
    2. Select New and enter name.
    3. Select an account from the General Ledger Account [itfm_gl_accounts] table.
    4. Select Capex if a capital expense or Opex if an operating expense.
    5. Select Submit.