Articles on: Steer New: Financials

Cost Item Setup

Last Updated: August 29, 2024


Cost Item Setup


Learn how to add and manage cost items in your construction project. In this article, we will help you configure new cost items and organize them
effectively for accurate budgeting and expense tracking.



Step 1: Going to **Cost Item Set Up **


  1. Click **Financials **


Fig.1: Project Dashboard


  1. Click Cost Item.



Fig.2: Financials


  1. Click Add Cost Item. A Popup form will appear after clicking the button.


Fig.3: Add Cost Item



Step 2: Input the following necessary information


  • Cost Item Code – Enter a unique code for the item, for more effectively tracking budgeting.


  • **Cost Item **


  • UOM


  • Planned Quantity – Enter the number of planned purchases.


  • Planned Price – Enter the expected budget for the total purchase.


Planned Price will reflect in Cost Tracker planned cost



Fig.4: Add Cost Item Form


Step 3: Click **submit **to add cost item.


Fig.5: Add Cost Item Submit


Note: All of the information added in Cost Item Setup will reflect in adding expenses and cost tracker






Adding Expenses
Cost Tracker





Need more help? Send us an email at cs@steerplatform.com, or send us a message on the chat widget.

Updated on: 09/02/2024

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