---
title: Create a cost type definition
description: Create a cost type definition to associate a cost type, operating, or capital, to an account in the General Ledger from the Financial Management application. Create a cost type definition if you are using Project Portfolio Management with Financials.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/project-management/t\_CreateAResourceTypeDefinition.html
release: australia
product: Project Management
classification: project-management
topic_type: task
last_updated: "2026-03-12"
reading_time_minutes: 4
breadcrumb: [Starting a project, Using Project Management, Project Management, Project Portfolio Management, Strategic Portfolio Management]
---

# Create a cost type definition

Create a cost type definition to associate a cost type, operating, or capital, to an account in the General Ledger from the Financial Management application. Create a cost type definition if you are using Project Portfolio Management with Financials.

## Before you begin

Role required: it\_pps\_admin

## Procedure

1.  Navigate to **All** > **Project Administration** > **Settings** > **Cost Type Definitions**.

2.  Select **New** and enter name.

3.  Select an account from the General Ledger Account \[itfm\_gl\_accounts\] table.

4.  Select **Capex** if a capital expense or **Opex** if an operating expense.

5.  Select **Submit**.


**Parent Topic:**[Starting a project](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-management/t_CreateAProject.md)

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