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# Overview

Financial Management Web services for cost rules provides operations to create, update, read, and delete cost rules. Operations to set and get cost factors in PPM are also supported.

Cost rules are used to assign costs to various units of work, such as the time spent working on a project task. The applicability of a cost rule to a given transaction is determined by its cost factors. A cost rule may have different rates for one or more non-overlapping periods of time. Exactly one rule in the system is the default rule. The default rule may not be deleted and its set of cost factor values may not be altered.

Note: For more information about general Financial Management terms and concepts, see the Financial Management User Guide.

https://admhelp.microfocus.com PPM 8942
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