|Activity:||Equipment - Desktop, Life Cycle Funding|
|Policies:||Recharge and Service Center Activity, FIN-ACC-400|
Extending the University Data Network, IT-19
|Things to Know:||Updated 5/19/2020|
General Fund Only
IU maintains full life cycle funding for faculty and staff desktop computers, servers, and peripheral equipment for units supported by general funds. Desktop lifecycle replacement funding should be budgeted using object code 9940, sub-object code LCF.
The FY 2021 amount to budget is the same as budgeted for FY 2020. During FY 2021, you will be required to transfer funds from your 10-XXX-98 account into your 92-XXX-98 equipment replacement account either (a) when funds will be spent; or (b) no later than June, regardless whether the funds will be spent before the end of the fiscal year or accumulated for future use. All unspent funds in the equipment replacement accounts will be carried forward to the next year.
If you have questions about this, please contact Aimee Heeter, email@example.com.