Should computer hardware or other equipment be listed under Supplies and Materials (6300) or under Capital Outlay (6600)?
Depends. Grantees are required to capitalize and list equipment with a unit cost of $5,000 or more as Capital Outlay under the class/object code 6639 (Furniture, Equipment, Vehicles, or Software–$5,000 or more per unit). However, for equipment with unit costs less than $5,000, the grantee may list computer hardware or other equipment under Supplies and Materials under class/object code 6399 (Hardware and Equipment Not Capitalized), or under Capital Outlay (6649—Fixed Assets, District Defined under $5,000), depending on local capitalization policies. The capitalization policy must be applied consistently among all funding sources.
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