{"id":26418,"date":"2020-12-09T10:05:02","date_gmt":"2020-12-09T15:05:02","guid":{"rendered":"https:\/\/www.bu.edu\/research\/?p=26418"},"modified":"2021-03-05T08:35:04","modified_gmt":"2021-03-05T13:35:04","slug":"moveable-capital-equipment","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/research\/2020\/12\/09\/moveable-capital-equipment\/","title":{"rendered":"Moveable Capital Equipment"},"content":{"rendered":"<p><span>With the recent transition to SAP Ariba\u00a0<strong>Guided\u00a0<\/strong><\/span><strong><span>BU<\/span><\/strong><strong><span>ying\u00a0<\/span><\/strong><span>in August,\u00a0<\/span><span>Property Management would like to remind you of their role in the purchase requisition process.\u00a0 Property Management reviews purchases\u00a0\u2265\u00a0$5,000 to screen for Moveable Capital Equipment. Purchase Requisitions (PRs)\u00a0\u2265\u00a0$5,000 for equipment need to be itemized or include an attachment with a quote or an explanation of what is ordered.<\/span><\/p>\n<hr \/>\n<p>Dear BU Requisitioners and Approvers,<\/p>\n<p><span>Property Management reviews purchases\u00a0<\/span><span>\u2265\u00a0<\/span><span>$5,000 to screen for Moveable Capital Equipment. Purchase Requisitions (PRs)<\/span><span>\u00a0\u2265\u00a0<\/span><span>$5,000 for equipment need to be itemized or include an attachment with a quote or an explanation of what is ordered. The guidance below will assist Requisitioners in creating PRs for equipment.<\/span><\/p>\n<p><strong><span>Defining Moveable Capital Equipment<\/span><\/strong><span>:<\/span><\/p>\n<ul type=\"disc\">\n<li><span>Purchased item has a useful life of one year or greater<\/span><\/li>\n<li><span>Cost of the item is<span>\u00a0<\/span><span>\u2265<span>\u00a0<\/span><\/span>$5,000,<span>\u00a0<\/span><u>including delivery, installation, and the cost of attachments required to operate the item<\/u><span>\u00a0<\/span>when those attachments are acquired as part of the original equipment purchase<\/span><\/li>\n<li><span>Boston University has title to, is the custodian of, or is held responsible to account for the item<\/span><\/li>\n<\/ul>\n<p><strong><span>Creating a PR for Moveable Capital Equipment<\/span><\/strong><span>:<\/span><\/p>\n<ul type=\"disc\">\n<li><strong><span>Line Items<\/span><\/strong><span>:<\/span>\n<ul type=\"disc\">\n<li><span>Each item of a capital purchase (e.g., device, component, installation, delivery) needs to be a separate line item in the PR.<\/span><\/li>\n<li><span>If you have multiple pieces of capital equipment, all components can be included as part of the same line item.<\/span><\/li>\n<li><span>Warranty and service plan costs need to be placed on a separate line as they are not capitalized.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li><strong><span>Attachments<\/span><\/strong><span>:<\/span>\n<ul type=\"disc\">\n<li><span>Documentation (e.g., quotes, product information) must be attached or provided by link in the Comment section.<\/span><\/li>\n<li><span>If the delivery address is different from the equipment\u2019s final location, add the address (including building and room number) of its final location in the Comment section.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong><span>Notes<\/span><\/strong><span>:<\/span><\/p>\n<ul>\n<li><span>Once the PR is submitted to Property Management, a representative may reach out with questions regarding the equipment and its performance location.<\/span><\/li>\n<li><span>If your order is funded by a sponsored program, Post Award Financial Operations (PAFO) will be added as an approver to the PR.<\/span><\/li>\n<li><span>Property Management keeps an inventory of capital equipment, tracking each item from purchase through deployment and disposition.<\/span><\/li>\n<\/ul>\n<p><span>If you have any questions about Moveable Capital Equipment, please reach out to\u00a0<\/span><a href=\"mailto:property@bu.edu\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\"><b><span>Property Management<\/span><\/b><\/a><span>\u00a0or visit their\u00a0<\/span><a href=\"https:\/\/www.us7.list-manage.com\/track\/click?u=a9a63bdd345c1bffcc3619790&amp;id=ebcb9cc331&amp;e=ae06cb05e6\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\"><b><span>website<\/span><\/b><\/a><span>. Questions on creating a PR can be directed to Sourcing &amp; Procurement via the\u00a0<\/span><a href=\"https:\/\/www.us7.list-manage.com\/track\/click?u=a9a63bdd345c1bffcc3619790&amp;id=ea715b4615&amp;e=ae06cb05e6\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\"><b><span>Financial Affairs Customer Service Portal<\/span><\/b><\/a><span>.<\/span><\/p>\n<p><span>Thank you,<\/span><br \/>\n<span>Sourcing &amp; Procurement<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"button\" href=\"https:\/\/www.bu.edu\/research\/blogs\/sponsored-programs\/sp-blog-signup\/\">Subscribe<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the recent transition to SAP Ariba\u00a0Guided\u00a0BUying\u00a0in August,\u00a0Property Management would like to remind you of their role in the purchase requisition process.\u00a0 Property Management reviews purchases\u00a0\u2265\u00a0$5,000 to screen for Moveable Capital Equipment. Purchase Requisitions (PRs)\u00a0\u2265\u00a0$5,000 for equipment need to be itemized or include an attachment with a quote or an explanation of what is ordered. [&hellip;]<\/p>\n","protected":false},"author":16875,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/posts\/26418"}],"collection":[{"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/users\/16875"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/comments?post=26418"}],"version-history":[{"count":4,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/posts\/26418\/revisions"}],"predecessor-version":[{"id":26420,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/posts\/26418\/revisions\/26420"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/media?parent=26418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/categories?post=26418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/research\/wp-json\/wp\/v2\/tags?post=26418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}