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For software maintenance, is the upgrade code based on the individual cost or the lump sum for multiple copies?

April 26, 2017based code COST individual lump maintenance Software upgrade

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For software maintenance, is the upgrade code based on the individual cost or the lump sum for multiple copies?

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Software upgrade purchases are coded based on the cost of the individual upgrades. For example, 100 upgrade licenses at $100 each, totals $10,000. Even though the total purchase is over $5,000, the purchase is coded against account code 70511 because the cost of the individual upgrades in less than the $5,000 threshold.