Working with Cost Items

a cost item is a specific line item within a cost entity, such as an incident, service request, or service costs associated with a task are automatically added to an incident or service request record you can also manually add costs to these records these cost items are listed in the cost item tab of the associated record, and in the itfm cost item workspace, which is then used to compile data on all costs see about task costs docid\ pqlqbed2x8nea3 ebaij7 viewing cost items do one of the following log into the console and open the itfm cost item workspace all cost items are listed open an incident, service request, or configuration item record, and then select the cost item tab cost items associated with that record are listed not all configuration items have cost items adding a cost item costs are added automatically from service requests, tasks, and allocations (see creating a service request docid\ kdj 8gm9per8ztrjnliry , creating a task docid\ m2 gh01jtogxmkya4h7xj or service allocation docid\ w53tvrqaoesl5inayx3v ) there are two types of costs that you can add manually ad hoc costs click new itfm cost item when there are no defined cost types defined costs click new from price list item when adding a cost with a defined cost type adding a new itfm cost item open an incident, service request, or configuration item record, and then select the cost item tab click new itfm cost item enter information into the fields field description item description a unique name for the item product catalog item the product catalog item to add an item not on the list, see adding a new price list item docid\ yerbgibklb8kebxo7uank unit cost cost of each unit qty the number of units unit of measure the type of measurement of each unit total cost total cost calculated by unit cost x qty cost driver name of the cost driver vendor name of the vendor billable select if the cost is billable to a customer capital expense select if the cost is a capital expense fixed cost select if the cost is a fixed cost direct cost select if the cost is a direct cost notes notes or comments about the record click save adding a defined price list item open an incident, service request, or configuration item record, and then select the cost item tab click new from price list item select a cost item from the list the item appears on the list adding a new price list item open an incident, service request, or configuration item record, and then select the cost item tab click new itfm cost item click the search icon in the price list item field a list of price list items are displayed click add the price list item dialog box opens enter information into the fields field description enabled makes this price list item active item name a unique name for the item item revision the version number type the purpose for the price list item recurrence type if the price is recurring, choose monthly or yearly else, select none price the price of the item cost the cost of the item unit of measure the price and cost unit of measure description a brief description of the item vendor name of the vendor cost driver name of the cost driver cost drive category type of cost driver that is automatically generated is direct select if the price of the item is direct is fixed select if the price of the item is a fixed cost (as opposed to a variable cost) is capital expense select if the item can be classified as a capital expense for tax purposes click save the price list item is listed in the new from price list item list modifying a cost item open the itfm cost item workspace double click the item to edit the cost item page opens make the required changes click save deleting a cost item open the itfm cost item workspace select the cost item to delete and click the delete button from the toolbar the item is removed and no longer listed exporting costs to microsoft excel you can export one or more of your cost items to a file and opened with microsoft excel or other financial software open the itfm cost item workspace select the records to export or select none to export all records you can create a saved search to limit the records that are displayed in the list see using a saved search docid\ vwinwjbf5brjccioresmm from the toolbar, click export cost item to excel the details are exported to an excel file