--- title: Working with application Total Cost of Ownership \(TCO\) description: The Application Total Cost of Ownership \(TCO\) plugin helps Enterprise Architects evaluate the cost of business applications. Use application costs to prioritize the application portfolio and align with the organization's business strategy. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/application-portfolio-management/eaw-work-with-tco.html release: australia topic_type: concept last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Managing Enterprise Architecture Workspace, Enterprise Architecture Workspace, Enterprise Architecture] --- # Working with application Total Cost of Ownership \(TCO\) The Application Total Cost of Ownership \(TCO\) plugin helps Enterprise Architects evaluate the cost of business applications. Use application costs to prioritize the application portfolio and align with the organization's business strategy. - **[View all total cost of ownership records](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-view-all-tco-records.md)** View the list of all total cost of ownership \(TCO\) records in the Enterprise Architecture Workspace. - **[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)** Create a new entry for total cost of ownership \(TCO\) record to evaluate the cost of your business applications. **Parent Topic:**[Managing Enterprise Architecture Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/application-portfolio-management/eaw-managing-ea-workspace.md)