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Equipment Management
Division of Financial and Business Services

Frequently Asked Questions

When is software equipment?

Software is considered equipment and the purchase should be coded under the equipment object code 17xxx if :

  1. The software is purchased at the time that the operating system is being purchased.
  2. The software is greater than $5000 and it is specialized/custom developed for the operation of a particular system, and has a useful life of more than one year.

Note: The software is not consider equipment when it is acquired to upgrade an existing software package (e.g software upgrade from 3.2 to 7.6)  

Categories: Equipment Acquisition