Fordham University            The Jesuit University of New York
 


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Object Codes for Furniture and Equipment Purchases










Fixed Assets-Object Codes for Furniture & Fixtures




Fixed Assets-Object Codes for Furniture & Fixtures
The following are guidelines for object codes for furniture and equipment purchases made via purchase orders, check requests or LPO's.

Furniture & Equipment
Object codes 8000 to 8399, 8500-8550 and 4055 have been reserved for equipment and furniture which is to be capitalized. Charges to these codes must fall within certain dollar guidelines as follows:
Object Codes 8510, 8520, 8530, 8535-
Computer Equipment and Software Unit cost $500 or more
Object Codes 8000-8399 Unit cost $3,000 or more
Object Code 8525- Leases- Computer Equipment No upper or lower limit
Unit cost includes inward freight and delivery charges, which may have to be allocated. Object code 3774 should be used for furniture and equipment purchases which fall below the guidelines. These guidelines are summarized in the table below.

Object Description Dollar Range (Unit Cost)

4055 Allocated Equipment $3,000 or Over
8310 Equipment- Instructional $3,000 or Over
8315 Equipment- Laboratory $3,000 or Over
8320 Equipment- Audio Visual $3,000 or Over
8325 Equipment- Theatre $3,000 or Over
8330 Equipment-Other Research $3,000 or Over
8210 Furniture-Dormitory $3,000 or Over
8340 Radio Transmission Equipment (WFUV) $3,000 or Over
3774 Non-capital Computer Equipment/Software $0 to $499.99
3774 Non-capital Equipment-Other $0 to $2,999.99
8335 Equipment- Air Conditioners $3,000 or Over
8225 Furniture- Office $3,000 or Over
8345 Equipment- Library $3,000 or Over
8230 Furniture- Classroom $3,000 or Over
8235 Furniture- Other $3,000 or Over
8350 Equipment- Trucks $3,000 or Over
8355 Equipment- Automobiles $3,000 or Over
8360 Equipment-Other Transports $3,000 or Over
8365 Equipment- Office $3,000 or Over
8370 Equipment- Duplicating $3,000 or Over
8375 Equipment- Athletic $3,000 or Over
8380 Equipment- Telephone $3,000 or Over
8385 Equipment- Other Machinery $3,000 or Over
8315 Equipment- Computer- Transfer $500 or Over
8520 Equipment- Computer $500 or Over
8525 Equipment- Leased Computers No upper or lower limit
8530 Equipment- Computer Hardware (Fordham IT) only $500 or Over
8535 Computer Software $500 or Over

Supplies
The current supplies code are as follows:
3710 Supplies- Instructional
3712 Supplies- Lab
3714 Supplies- Research
3720 Supplies- Library books
3722 Supplies- Bookbinding/Repair
3724 Supplies- Library
3782 Supplies- Postage
3744 Supplies- Office
3746 Supplies- Forms
3748 Supplies- Other
3750 Supplies- Duplicating
3730 Supplies- Plumbing
3732 Supplies- Electrical
3734 Supplies- Other Maintenance
3736 Supplies- Grounds
3738 Supplies- Custodial
3740 Supplies- Uniforms
3754 Supplies-CDs-WFUV
3756 Linens/Laundry
3758 Supplies- Computer
4030 Supplies- Central Mailing
3760 Supplies- Locks/Physical Security
3762 Supplies- Dorm Furnishings
3764 Supplies- Medical
3766 Supplies- Medical Expenses
3768 Supplies- Chapel
3770 Supplies- Athletics
3716 Supplies- Theatre Arts
3742 Supplies- Gas and Oil
3752 Supplies- Fax Charges

Computer-related Non-Capital Expenditures
Payments on capital leases will normally be charged to a balance sheet account, 010000-2641, and to interest expense, 214260-4220. Other computer-related expenses you may come across include the following:
3835 Operating Lease or Rental Payments for Computer Equipment
3610 Maintenance Contracts for Computer Hardware
3620 Annual Maintenance/License Fees- Computer Software

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