{"id":17458,"date":"2026-01-29T13:21:02","date_gmt":"2026-01-29T13:21:02","guid":{"rendered":"https:\/\/tenthplanet.in\/idempiere\/?p=17458"},"modified":"2026-01-29T13:21:04","modified_gmt":"2026-01-29T13:21:04","slug":"how-cost-type-works-in-idempiere","status":"publish","type":"post","link":"https:\/\/tenthplanet.in\/idempiere\/how-cost-type-works-in-idempiere\/","title":{"rendered":"How Cost Type Works in iDempiere"},"content":{"rendered":"\n

Cost Type in iDempiere is a master record<\/strong> that defines different categories of product cost values \u2014 such as current cost<\/em>, planned cost<\/em>, or future cost<\/em>. These types are used in cost accounting and reporting.<\/p>\n\n\n\n


Cost Type Purpose<\/strong><\/h2>\n\n\n\n
    \n
  • Cost Type acts as a label for cost values<\/strong> recorded in the system.<\/li>\n\n\n\n
  • It allows businesses to track multiple cost perspectives<\/strong> for the same product (e.g., what it costs now vs what you plan it to cost).<\/li>\n\n\n\n
  • Cost Types help define which cost version is used in accounting and analysis.<\/li>\n<\/ul>\n\n\n\n


    Defining Cost Types<\/strong><\/h2>\n\n\n\n
      \n
    • Go to Cost Type<\/strong><\/li>\n\n\n\n
    • Create records such as:\n
        \n
      • Current<\/em> \u2013 the cost used in accounting today.<\/li>\n\n\n\n
      • Planned<\/em> \u2013 expected or budgeted cost.<\/li>\n\n\n\n
      • Future<\/em> \u2013 a version of cost to be applied at a future date.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
        \"TenthPlanet-iDempiere-Master-CostType-1\"<\/figure>\n\n\n\n


        Cost Type in Accounting Schema<\/strong><\/h2>\n\n\n\n
          \n
        • In the Accounting Schema<\/strong>, a Cost Type is selected to determine which cost category the schema will use when posting product cost entries<\/strong>.<\/li>\n\n\n\n
        • For example, the Accounting Schema can be set to use the Current<\/em> Cost Type for profit and loss calculations.<\/li>\n<\/ul>\n\n\n\n
          \"TenthPlanet-iDempiere-Master-CostType-2\"<\/figure>\n\n\n\n


          Cost Type Integration<\/strong><\/h2>\n\n\n\n
            \n
          • Cost Types are referenced in product cost records (e.g., M_Cost<\/em>) to indicate which cost value is being tracked.<\/li>\n\n\n\n
          • Cost movements and accumulated cost details are associated with the selected Cost Type.<\/li>\n<\/ul>\n\n\n\n

            <\/p>\n\n\n\n


            The Cost Type window in iDempiere defines categories of cost values<\/strong>. These categories are used in accounting and costing processes so that the system knows which cost version to use for financial posting, reporting, and cost analysis<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

            Cost Type in iDempiere is a master record that defines different categories of product cost values \u2014 such as current […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-17458","post","type-post","status-publish","format-standard","hentry","category-master"],"acf":[],"_links":{"self":[{"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/posts\/17458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/comments?post=17458"}],"version-history":[{"count":0,"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/posts\/17458\/revisions"}],"wp:attachment":[{"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/media?parent=17458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/categories?post=17458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tenthplanet.in\/idempiere\/wp-json\/wp\/v2\/tags?post=17458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}