Equipment Inventory Account Codes

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.

Page Updated 12.18.2013