--- title: Manage application total cost of ownership \(TCO\) in Enterprise Architecture Workspace description: You can configure the application TCO source and cost type in the Enterprise Architecture Workspace. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/application-portfolio-management/eaw-app-tco.html release: australia topic_type: concept last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Exploring total cost of ownership \(TCO\) in Enterprise Architecture Workspace, Exploring Enterprise Architecture Workspace, Enterprise Architecture Workspace, Enterprise Architecture] --- # Manage application total cost of ownership \(TCO\) in Enterprise Architecture Workspace You can configure the application TCO source and cost type in the Enterprise Architecture Workspace. ## Application TCO source The application TCO source helps you to categorize and analyze the costs associated with business applications, over a fiscal period, enabling you to optimise your application portfolio. ## Application TCO cost type The application TCO cost type refers to the categorization of business application costs. There are mainly two types of costs: - Capital expenditure \(Capex\): The expenditure incurred by you to onboard, upgrade, or maintain a business application. - Operating expenditure \(Opex\): The expenditure incurred by you to use a business application on a day-to-day basis. The application TCO cost type helps you to evaluate and manage the capital and operating expenditures associated with your business application. **Parent Topic:**[Exploring total cost of ownership \(TCO\) in Enterprise Architecture Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-manage-application-tco.md) **Related topics** [Exploring total cost of ownership \(TCO\) in Enterprise Architecture Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-manage-application-tco.md) [Install the Application Total Cost of Ownership \(TCO\) plugin](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-install-app-tco.md) [Add or edit a total cost of ownership record](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-create-new-tco.md)