Friday, November 17, 2023

See full list from Accounting Code Manual

EQUIPMENT

     Greater than $5,000

          6730 – Equipment, non-IT >$5k

          6731 – Equipment, IT >$5k

     Less than $5,000

          6081 – Computers & Smart Devices <$5k

          6082 – Printers, Peripheral Devices <$5k

          6083 – Server, Networking, Storage <$5k

          6085 – Equip Purchases non-capital <$5k

SOFTWARE

     Purchased not Cloud-based

          6080 – Software, non-capital <$500k (or <$5k for UIHC)

          6740 – Software, capitalized >$500k (or >$5k for UIHC)

LEASES

          6737 – Lease, capitalized (equipment, building, software, or land that meets the GASB 87/96 definition)

          6407 – Lease, IT Software Maintenance & Fees (doesn't meet GASB 96 definition and/or below $250k total cost)

          6430 – Lease, non-capitalized (doesn’t meet GASB 87 definition and/or below $1M total cost threshold)

          6480 – Lease Taxes

          6400 – Lease insurance

          What are GASB 87 and 96? see FAQ page

Purchases of supplies, equipment repairs, and building repairs

          6199 – other supplies (there are many supply accounts)

          6260 – Repair and Maintain Buildings (requires building cost center)

          6265 – Repair and Maintain Equipment, including Warranties and Service Contracts

Shipping

          6245 - Freight not included on supply or equipment invoices. Charge those freight costs to the supply or equipment account.