Here are the steps on how to create a Cost Type:

  1. From the Contract Management > Maintenance menu, select Cost Type.
  2. Add Freight Term by clicking the drop down. Select freight term from the drop down list. 
     
  3. Enter Cost Type Name.
  4. Select/Deselect check box for Inventory Cost, Accrue, MTM, Price as desire.
  5. Add Cost Method by clicking the drop down. Select cost method from the drop down list. 
  6. Enter Rate.

  7. Add UOM by clicking the drop down. Select UOM from the drop down list. 

    If Cost method is set as Per Unit then UOM field is mandatory.

  8. Add Currency by clicking the drop down. Select currency from the drop down list.
  9. Select/Deselect Freight Related check box as desire.
  10. Select Active check box to make the Cost type active. Deselect will make the cost type inactive.

  11. Click on Save button to save the record.

    The record will not be saved if any of these are left blank- Freight Terms, Cost Type Name, Cost Method, Rate, Currency

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