Purchase Order

The most common way to acquire inventorial equipment is by purchase order.

The following information will be useful when purchasing inventorial equipment:

• If the purchase is over $5,000, it should be reviewed to determine if it is inventorial equipment (see What is Inventorial Equipment?)
  • The following cost should be included in the acquisition cost:
    • Sales tax
    • Freight/shipping charges
    • Component parts and/or accessories
    • Recycling fees
    • Installation
    • Software (if purchased with the intent of being used with the equipment item and is purchased on the same invoice.)
  • The following cost may NOT be included in the acquisition cost:
    • Warranties
    • Protection plans, service agreements
    • Training
    • Travel
• Inventorial equipment should be coded to one of the following categories. Select the category that most closely fits the item description: