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Field description - Cost amount

 

 

Short description:

 

Cost amount shows the internal monetary cost of the work done on the issue

 

 

Details:

 

Default name: Cost amount

 

Terminology variations: None.

 

In-Use: Optional. This field can be set to be used in the issue field configuration.

 

Mandatory: Optional. This field can be set as mandatory, but need not be.

 

Data type: Decimal. This is a monetary value (Currency type is not shown, it is assumed to be your default currency).

 

Access restrictions: (Default) Created: "Read/Write" for all internal users, and "No access" for external or support users.  Editing: "Read/Write" for all internal users,  and "No access" for external or support users.

 

Relationships/Dependencies: 

Actual time: The cost amount is based on actual time from the work logs where the checkbox "Update actual time" is checked in the work log dialog  (which it is by default).  

 

The actual cost rate can depend on the user, the work log category, or a default value as shown in Project > Settings > Cost. 

 

Affected by these settings: 

Project > Settings > Cost. :

Here, you can define the cost rate (cost per hour), and choose which billing/cost model to use - either a blanket default rate, a rate per user (depends on who enters the work log) or a rate per work log category (depends on what category is set on the work log).

 

Work log: Here, you can choose to check the checkbox "Update actual time" when you save a work log. If you do, then the cost amount for the saved work log (calculated from the Actual time and the cost rate) will be added to the cost amount on the issue field.

 

General > Settings > Issue configurations > Issue rules.

"Cost amount" can be used in issue rules, either as a criterion, or being set in the rule action.

 

Use cases: 

The cost amount represent the internal amount of money that work done on the issue costs.


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