Use this screen to establish cost types and their descriptions.

The cost types are used on the Manage Purchase Requisitions screen. Some system-defined cost types are provided, and you can add additional cost types using . The system-defined types are:

• Item Last Cost
• Item Reference Cost
• Item Standard Cost
• Project/Item Last Cost
• Project/Item Reference Cost
• Project/Item Standard Cost
• Cost Schedule/Pct of Sales

Use this screen when you initialize Costpoint Procurement Planning or when you need to maintain cost types.