Concepts

Tasks

Settings

Setting up Expense Types for Spending Plans

An expense type describes a cost associated with an expense category such as maintenance. Expense types are used to provide more detail for spending plans. For example, the total maintenance spending for a financial period could be the sum of the amounts for two or more expense types (for example, corrective work and inspections).

To Set up an Expense Type

1.	On the site’s Asset Health view, select the Settings tab, the Restoration Plans tab, and the Restoration plans settings node in the tree.

Tip: You can also select the site’s Administration menu, Asset Health Settings, and then Restoration Plans. The Asset Restoration Plans Settings dialog appears.

2.	Select the Expense Types tab. This tab lists the expense types at your enterprise.

3.	Click New. The Expense Type dialog appears:

4.	Provide the following information:

Setting Name

Description

Expense type

Descriptive identifier for a cost associated with an expense category such as maintenance, for example, “inspections” or “corrective work”. Expense types are used to provide more detail for restoration spending plans. For example, the total maintenance spending for a financial period could be the sum of amounts for two or more expense types.

Sequence

Determines the sort order for expense types on a spending plan.

Expense category

The options are Maintenance, Capital, and Operating.

Site	Expense types can be designated for use at specific sites. The type will be available at that site and below in the hierarchy.

5.	Select the Description tab to provide more information.

6.	Select the Formatting tab if you wish to distinguish the type from others when it appears in tables and charts.

7.	Select the font, text color, and background color for this type.

8.	When you have finished defining the type, click OK. The type is added to the Expense Types tab.