---
sourceDocument: Australia Asset Management
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/it-asset-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Create a TCO report source

# Create a TCO report source {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Create a Total Cost of Ownership (TCO) report source for TCO reports.

## Before you begin

Role required: asset

## Procedure

1. Navigate to Hardware Asset WorkspaceAsset analytics.
2. Open the report for which you want to create report sources from the Comparative reports section.  
   You can also create a comparative report. For more information, see [Create a TCO report in Hardware Asset Workspace](https://servicenow-prod.fluidtopics.net/FFCQzM9rjHUUdqorVXfQng "Create your own Total Cost of Ownership (TCO) report to compare the actual or projected TCO of multiple assets or compare the actual or projected asset TCO with the benchmark cost of the hardware model.").
3. Select the Report sources tab.
4. Select New.
5. On the form, fill in the fields.  
   {#create-tco-report-source-ham__table_lwr_m4s_qzb__entry__2}

   | Field | Description |
   |-|-|
   | Name | Name of the report source. |
   | Active | Option to indicate if the report source is active or not. By default, this check box is selected. Note: You can have a maximum of four active report sources for a report at any given time. If you want to add another active report source, you must inactivate another report source. |
   | Report table | Table for Hardware Asset Management, Hardware (alm_hardware). |
   | Set conditions | Filter to select assets with certain conditions. |
   | Description | A brief and meaningful description of the report source. |
   [Table 1. Create New TCO report source]

   {#create-tco-report-source-ham__table_lwr_m4s_qzb}
6. Select Save.

## Result

The new report source is added to the list of TCO report sources in the TCO report sources tab.
**Related concepts**   

* [Asset Total Cost of Ownership for Hardware Asset Management](https://servicenow-prod.fluidtopics.net/UUms1hOTEUtx3SoGj0ynpw "Assets incur costs throughout their life cycle, including initial capital costs and operational costs. Asset Total Cost of Ownership helps Asset managers to understand, analyze, and track the Total Cost of Ownership (TCO) of assets, where the total cost includes initial capital cost and operation cost.")
* [Asset analytics view](https://servicenow-prod.fluidtopics.net/zsooIqJsW8PPM0dU2bfiLQ "Use the Asset analytics view to get a detailed view of all your hardware assets, the total cost of ownership (TCO) of your assets, and the asset performance.")

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