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Cost Categories

In this screen you can register and change cost types for project budgets. Open screen in browser Open Form

A cost category is a category in which costs or revenues can be registered, such as ‘purchase ground’, ‘architect’ or ‘sale houses’. All financial activities within a project will be distributed to a cost category. Within all projects that are registered you can use the same cost category.

A cost category belongs to specifically one roll up, in which linked cost categories are grouped (see also Roll Ups). Roll ups belong to master roll ups which show an even more general view of cost categories. (see also Master Roll Ups).

Cost Category Screen

The meaning of the entry fields is:

Master Roll Up	The master roll up to which the selected roll up belongs.
Roll Up	The roll up to which the cost category belongs.
Code	The code of the cost category.
Description	The description of the cost category.
Explanation	Free text.
Payment Term (days)	Gives the number of days in which an invoice has to be paid. For invoices within this cost category with no expiration date or not yet received. For Cash Flow Projections.
Interest	This cost category is treated as interest if this box is checked.
Investment Real Estate	This cost category is treated as investment property if this box is checked.
Fees	This cost category is treated as Developer Costs if this box is checked.
Provision	This cost category is treated as a provision if this box is checked.
Ground	This cost category is treated as acquisition costs for land if this box is checked.
Unexpected	This cost category is treated as a reserve for contingencies if this box is checked.
General Costs	This cost category is treated as general expenses if this box is checked.
Own Capital	This cost category is treated as owner's capital if this box is checked.
Hours	This cost category is treated as a reserve for contingencies if this box is checked.
Distribution Method	The way cash flows are allocated for this cost category if not set on a more precise level.

Important Safety and Usage Information

Intended Use and Limitations: This software, developed by Invantive, is designed to support a variety of business and information technology data processing functions, such as accounting, financial reporting an sales reporting. It is important to note that this software is not designed, tested, or approved for use in environments where malfunction or failure could lead to life-threatening situations or severe physical or environmental damage. This includes, but is not limited to:

Nuclear facilities: The software should not be used for operations or functions related to the control, maintenance, or operation of nuclear facilities.
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Healthcare and Medicine Production: This software should not be utilized for medical device operation, patient data analysis for critical health decisions, pharmaceutical production, or medical research where its failure or malfunction could impact patient health.
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Transportation and Traffic Control Systems: The software should not be used for the control, operation, or management of transportation systems, including railway signal controls, subway systems, or traffic light management. Malfunctions in such critical systems could lead to severe accidents and endanger public safety.
Energy Grid and Utility Control Systems: This software is not designed for the control or operation of energy grid systems, including electrical substations, renewable energy control systems, or water utility control systems. The failure of software in these areas could lead to significant power outages, water supply disruptions, or other public utility failures, potentially endangering communities and causing extensive damage.
Other High-Risk Environments: Any other critical infrastructure and environments where a failure of the software could result in significant harm to individuals or the environment.

User Responsibility: Users must ensure that they understand the intended use of the software and refrain from deploying it in any setting that falls outside of its designed purpose. It is the responsibility of the user to assess the suitability of the software for their intended application, especially in any scenarios that might pose a risk to life, health, or the environment.

Disclaimer of Liability: Invantive disclaims any responsibility for damage, injury, or legal consequences resulting from the use or misuse of this software in prohibited or unintended applications.

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Invantive Estate

Cost Categories

Important Safety and Usage Information