---
title: Configure the Total Cost of Ownership of assets
description: Configure the Total Cost of Ownership \(TCO\) of assets by creating rate cards for each task in a Hardware Asset Management workflow.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/it-asset-management/hardware-asset-management/configure-ham-tco.html
release: brazil
product: Hardware Asset Management
classification: hardware-asset-management
topic_type: concept
last_updated: "2026-09-10"
reading_time_minutes: 1
breadcrumb: [Integrations and advanced configuration, Configure, Hardware Asset Management, IT Asset Management, Asset Management]
---

# Configure the Total Cost of Ownership of assets

Configure the Total Cost of Ownership \(TCO\) of assets by creating rate cards for each task in a Hardware Asset Management workflow.

Rate cards capture costs for a task or on the time consumed on the task.

-   **[Create a task rate card in Hardware Asset Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-asset-management/hardware-asset-management/create-ham-task-rate-card.md)**  
Create a task rate card to define the type of task and the method of calculating the associated costs.
-   **[Create a labor rate card in Hardware Asset Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-asset-management/hardware-asset-management/create-ham-labor-task.md)**  
Create a labor rate card to record the time worked on a task and associate a rate to the task.

**Parent Topic:**[Integrations and advanced configuration](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-asset-management/hardware-asset-management/integrations-advncd-configs.md)

**Related topics**  


[Asset Total Cost of Ownership for Hardware Asset Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-asset-management/hardware-asset-management/asset-mgmt-tco.md)

[Asset analytics view](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-asset-management/hardware-asset-management/asset-analytics-view.md)