Guidance on the accounting for capital software and equipment purchases. The University's policy is to capitalise equipment and software purchases where the cost of the item (or group of related items) is £50,000 or higher. If your School or Planning Unit intends to purchase anything which could be capitalised, then you must complete a Capital Equipment Expenditure (CEE) Form. The form is a method by which Schools and Planning Units can notify Central Finance and College Finance of the intention to purchase capital equipment and software, and will help ensure that capital goods are correctly accounted for. The form is not authorisation to purchase an item – this follows the standard Delegated Authority Schedule. If your area intends to purchase capital equipment costing £200,000 or more, then you must also submit a completed business case to finance.helpline@ed.ac.uk Document Business case form (45.76 KB / XLSX) This article was published on 2024-07-01
