1. Home
  2. Asset Management; Surplus
  3. What is the criteria for tagging and capitalizing equipment?
  1. Home
  2. *All Help Topics
  3. What is the criteria for tagging and capitalizing equipment?

What is the criteria for tagging and capitalizing equipment?

The main criteria used for determining whether an asset should be tagged is as follows:

  1. Items with a cost of $5,000 or greater for a single piece of equipment,
  2. Items with a cost of $100,000 or greater for a single software license,
  3. Items that will last two or more years, or
  4. Items that are a singular piece of functional equipment/software.

Read more:

Asset Management and Surplus Manual

Updated on October 29, 2020

Was this article helpful?

Cant't find what you are looking for?
Sends us a message
Contact the KB Team