Financial Plan Cost Types - Configure a Normal Cost Type

This article explains how to configure a Normal Cost Type in OnePlan. Normal Cost Types are the primary mechanism for entering, importing, and calculating financial data in the Financial Plan.

Normal Cost Types are used to plan, track, and analyze financial data such as budget, forecast, actuals, and benefits. They define how costs or revenue are calculated, imported, and displayed in the Financial Plan.

What you will accomplish
By the end of this article, you will be able to create and configure a Normal Cost Type and associate it with the appropriate Cost Categories and data sources.

Requirements

Before you begin, make sure you have:

• A OnePlan account with Administrator permissions
• The Financial Plan app installed
• Financial Plan Cost Categories already configured (see Financial Plan - Configure Cost Categories)

Background

Cost Types define how financial values behave in the Financial Plan.

They control:

• Whether values are entered manually or imported
• How values are calculated or aggregated
• Which Cost Categories are available
• Whether the Cost Type represents costs or revenue

Each Financial Plan can contain multiple Cost Types, allowing organizations to track different financial perspectives side‑by‑side.

For a conceptual overview of Cost Types and how they are used in Financial Plans, see Financial Plan Cost Types - Administrator Overview.

For a conceptual explanation of how costs and revenue behave in OnePlan, see Financial Plan - Cost v. Revenue.

Note on Combined Cost Types

This article focuses on configuring a Normal Cost Type, which is used for data entry, calculation, and imports.

If you need to create a read‑only view that blends multiple Cost Types (for example, Actuals + Forecast), see
Financial Plan Cost Types – Configure a Combined Cost Type.

Add a New Normal Cost Type

Use the following steps to create a Normal Cost Type.

1. Go to Configuration → Financial Plan → Cost Types.
2. Select New Cost Type (+).
3. Complete the Edit Type form.
   

Cost Type Settings

General

• Name
  Enter a clear, descriptive name (for example, Budget or Actual Revenue).
• Type
  Select Normal.
  

Totals

• Method
  Determines how the Financial Plan calculates and displays values in a plan‑level summary field. Select None or Total of Cost Type.
• Cost Total Field
  If Total of Cost Type is selected, choose the plan‑level field that will store the aggregated total. If this field does not yet exist, pause here and create a new Currency plan field. See Create and Edit Plan Fields for instructions.
• Multiplier
  Multiply all values by a common factor (for example, 1000).
  

Setup

• Plan Types
  Select the Plan Types where this Cost Type should be available.
  

Controls

• Read Only
  Enable if values are imported or should not be edited manually.
• Lock Field
  Select a Yes/No Plan field used to lock the Financial Plan.
• Status Date
  Set a date to lock values prior to and including that date.
• Status Date Lock
  Prevent imports from updating data prior to the Status Date.
  

Imports

Normal Cost Types can import costs or revenue from multiple sources.

• Import From
  Select the source of the data to import into the Financial Plan. Available sources include:
  • Resource Planner
    Imports resource allocation data from a plan’s Resource Plan into the Financial Plan. Variations include:
    • Resource Planner (Your Organizations Financial Plan Cost Types).
      Select the specific Cost Type to import data from.
    • Resource Planner (User Selectable).
      Allows users to choose from a drop-down list of all available Cost Types when importing data.
      
    • Timesheets
      Imports actual time entry data.
    • Resource Schedule
      Imports allocation data from the Work Plan. Variations include:
      • Resource Schedule
        Imports data at the plan level.
      • Resource Schedule (Assignments)
        Imports data at the assignment level.

• Import Method
  Defines how imported data is converted into financial values (for example, converting committed hours to currency):

  • Blended Costs / Revenue
    Uses standardized costs or rates based on Labor Cost Categories. (see Configure Labor Cost Category).
  • Actual Costs / Revenue
    Uses actual costs or rates defined at the resource or plan level. (See Plan-Level Cost and Rate Tables, and Resource-Level Cost and Rate Tables.)

  See Financial Plan - Cost v. Revenue for more information on how these values are actually calculated.

• Auto Import
  Enable to automatically import data when the source is updated.
  

Manage Cost Types

Each Cost Type includes a set of actions:

• Edit 📝
  Modify the Cost Type configuration.
• Delete 🗑️
  Remove the Cost Type from the environment.
• Cost Categories 📊
  Select which Cost Categories are available for this Cost Type. See Associate Cost Categories to a Cost Type for details.
• Move Up / Move Down ⬆️⬇️
  Control the order Cost Types appear in the Financial Plan.
  

Associate Cost Categories to a Cost Type

After creating a Cost Type, you must select which Cost Categories apply.

1. Select the Cost Categories icon next to the Cost Type.
2. Check the categories that apply.
   • Selecting a parent category selects all children.
3. (Optional) Enable Auto‑Add Children to automatically include new child categories.
4. Save your changes.