Equipment Inventory Account Codese
Important Terms:
- Inventoried Assets:
- all items/systems with a unit cost of $5,000 or greater
- items that are considered "small and attractive" by the university with a unit cost of $300 or more
- all items in commodity class 100XX - Weapons, Firearms, Signal Guns and Accessories regardless of unit cost
- Capitalized Assets:
- items/systems with a unit cost of $5,000 or greater
| Account Code | Description |
|---|---|
| E408-E409 | Equipment that is inventoried but not capitalized. To be used for items considered as "small and attractive" that cost between $300 and $4,999. See below for a listing of what is considered "small and attractive". |
| E410-E415 | Capitalized assets (Costs include S&H, taxes installation,
extended warranty/maintenance contracts, and normal/necessary costs to place in services). To be used for any items/systems that cost over $5,000 and is not an internal part. |
| Code | Description | $0-$299 10XX Group |
$300-$4999 Small & Attractive |
Over $5000 Capitalized |
|---|---|---|---|---|
| 1005 | Firearms & Accessories | E408 | E408 | E414 |
| 1040 | Chemical Weapons & Equipment | E408 | E408 | E414 |
| 1095 | Weapons, Misc. (signal guns, etc.) | E408 | E408 | E414 |
| 6710 | Cameras, Motion Picture | E404 | E408 | E414 |
| 6720 | Cameras, Still Pictures | E404 | E408 | E414 |
| 6730 | Photographic Projection Equipment | E404 | E408 | E414 |
| 7013 | Laptops, Netbooks, Tablets, etc. | E404 | E409 | E412 |
Please call Jack Herring in Equipment Inventory (x3546) if you have any questions.