Account Codes: Detail

20202-Software Perpetual License (

Description:

Expenses for perpetual (no end date) software license (under $100,000/unit). Software name/title is required in invoice document text. Includes off the shelf software purchased or downloaded which can be used in perpetuity. Also includes operating systems, applications, and mobile applications. For fixed period software subscriptions, custom developed software, or software that includes a service, use account 24203 Software Subscr/Lic,Svcs-Fixed Term. For employee reimbursements use account 28994.

Account Type Code: 71
Data Entry Status: Y (Yes)
Tax Reportable Status: Not Tax Reportable
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