Equipment General Ledger Codes

571400– MOVEABLE CAPITAL EQUIPMENT

Used for tangible property with a useful life of more than one year and a cost of $5,000 or more, that does not become a permanent part of a building, including the purchase cost or a capital lease buyout of $5,000 or more, delivery and installation costs, and the cost of attachments required to operate the item when part of the original purchase.

EXCLUDES warranty costs, training, software that is not dedicated to operate equipment, and attachments if purchased separately, replacement parts, and items permanently attached to a building.

571405 – GIFT MOVEABLE EQUIPMENT

Used for gifts of tangible property with a useful life of more than one year and a cost of $5,000 or more.

571410 – NON-MOVEABLE CAPITAL EQUIPMENT

Used for the purchase of tangible property that is permanently attached to a building, or fixed equipment (an item not easily moved from one location to another such as a hot water heater, boiler, air conditioning system

571420 – FABRICATED CAPITAL EQUIPMENT

Tangible property with a cost of $5,000 or more and a useful life of one year or more and assembled or manufactured by a University department.

Note: an asset ID needs to be requested from Property Management before processing requisitions.

510100 – NON-CAPITAL/MINOR EQUIPMENT

Includes: any article of non-expendable, tangible property that has a total cost between $1,000 and $4,999.99, or total cost of $5,000 or more but useful life less than 1 year. Also includes the purchase and installation of office partition panels (e.g., Haworth panels), curtains, carpeting, and mini-blinds where the cost is $1,000 or greater. Includes: delivery and installation costs and the cost of attachments required to operate the item when part of original purchase. Includes: items permanently attached to the building and fixed equipment where the cost is between $1,000 and 4,999.99. Fixed equipment is defined as items that are not easily moved from one location to another. (e.g., hot water heater, boiler, air conditioning system, video equipment that is permanently installed, etc.)

Excludes: warranty costs, software and attachments if itemized with a separate cost, and items permanently attached to a building with a total cost of $5,000 or more.