Capital Assets

Moveable equipment

Capital assets may also be referred to as capital moveable equipment. So, what’s the difference between “moveable” and “non-moveable”?
Interior of a barn filled with farming equipment

Non-moveable equipment includes permanent or built-in equipment, or costs associated with buildings or renovations. For example, a built-in walk-in cooler would be non-moveable, whereas a cooler on wheels that is not permanently affixed to the building structure would be considered moveable.

While non-moveable equipment may still be considered a capital asset for accounting purposes, it would be managed by the Financial Analysis Office and not tagged and tracked by CAM. Please contact the Financial Analysis Office at (517) 355-5029 if you have questions regarding non-moveable equipment.