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

Click Financials

Fig.1: Project Dashboard

Click Cost Item.


Fig.2: Financials

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: 26/09/2024

Was this article helpful?

Share your feedback

Cancel

Thank you!