Understand Costs
There are two different possibilities when working with costs:
Costs that arise from an allocation of a resource to an activity - These costs could be, for example, the wages of a craftsman or the material and delivery costs of raw materials.
Costs that arise directly from an allocation of an account - You can display all of your costs as direct allocations if you do not need any resources in your plan.
Costs can be both income and cost:
Examples of costs are payments for materials, salaries, and buying new machines/equipment.
Examples of income are third-party investors in the project and payment for completed work.
The allocation of costs is evaluated as a graphic line or column within a chart. By using an account structure, subordinate entries can be compiled in evaluations. The accounts can be as deeply structured as you wish, so that even your own company's cost structure can be displayed.