--- title: Create a cost type for Application TCO in Enterprise Architecture Workspace description: Create a cost type as capital expense \(Capex\) or operating expense \(Opex\) for Application TCO. Specify the type of cost being ingested in Enterprise Architecture Workspace. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/application-portfolio-management/eaw-create-tco-cost-type.html release: australia topic_type: task last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Configure application total cost of ownership \(TCO\) in Enterprise Architecture Workspace, Configure EA Workspace using the Setup page, Configuring Enterprise Architecture Workspace, Enterprise Architecture Workspace, Enterprise Architecture] --- # Create a cost type for Application TCO in Enterprise Architecture Workspace Create a cost type as capital expense \(Capex\) or operating expense \(Opex\) for Application TCO. Specify the type of cost being ingested in Enterprise Architecture Workspace. ## Before you begin Role required: admin ## Procedure 1. Navigate to **Workspaces** > **Enterprise Architecture Workspace** > **Setup**. 2. Select **TCO**. 3. Select **Cost types**. 4. Select **New**. 5. Enter a name and select the expense type \(Capex or Opex\). 6. Select **Save**. **Parent Topic:**[Configure application total cost of ownership \(TCO\) in Enterprise Architecture Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-setup-app-tco.md) **Related topics** [Create a TCO source cost type](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-create-tco-source-cost-type.md) [Create a source for an Application TCO](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-create-tco-source.md) [Set the fiscal period property for TCO dashboards](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-set-property-tco-dashboards.md)