The revenue type and cost type are used to calculate the planned and actual financial information for a task. Default information for each of these can be set system-wide, so it applies to each new task created. The information can be changed on individual projects or set on project templates.
Five default revenue types are available:
And four default cost types are available:
When the revenue or cost types are set to Not Billable or No Cost, then revenue and cost estimates are not generated for the task. Therefore, work on the task does not contribute to project-level revenue or costs.
Select Setup from the main menu.