Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Capital Equipment - What is non capital equipment?

Non-Capital Equipment is defined as “a single item (not invoice) that costs between $1000 and $4,999 that is freestanding and has a use life of one year or more.” Equipment of this type may be put on a Purchase Card or LPO.