What is the minimum capitalization threshold?

The capitalization threshold for moveable equipment (6730) and IT equipment (6731) is $5,000 including installation and shipping. The software (6740) capitalization threshold is also $5,000 for UIHC, but $500,000 for the rest of the University. Any capitalized asset must also have a useful life of more than one year.

Departments may use the non-capital equipment tracking template for equipment below the capitalization threshold, or their own system or spreadsheet.