Setting up cost types
Cost types allow you to arrange costs into categories. Each cost code acts as a controlling account for the nine cost types. Cost types can be selected and defined from several menus, including 4-4 Vendors (Accounts Payable), the Invoice Details tab, and 6-3 Job Costs. Cost types will be displayed on grids throughout the system.
The following nine cost types are available in Sage 100 Contractor:
Note: Cost types 1 through 5 are preset by the system, but you can customize cost types 6 through 9.
- 1—Material
- 2—Labor
- 3—Equipment
- 4—Subcontract
- 5—Other
- 6—User Def Type 6
- 7—User Def Type 7
- 8—User Def Type 8
- 9—User Def Type 9
To set up cost types 6—9:
- Next to the Cost Type list, click the detail button.
- In the Type Name box, enter the name you want to assign the cost type.
- Click > .