Hi
Cuchuflete raises an excellent point.
In accounting and tax terms "equipment" is a capital expenditure & "supplies" and "consumables" are "overhead" or "running costs".
You can amortize the cost of equipment, you can not amortize the cost of supplies.
In my secretary's handbook, "Supplies" are defined as items that are used but not destroyed by being used, they may be re-used but you will always need more of them - file folders, envelopes, paper, paperclips, refillable pens & pencils.
Consumables are items which are "destroyed" or "converted" in the process of using them, they may not be re-used - staples, toner, liquid paper, glue, ink, pencil lead.
"Equipment" is usually taxed at a lower rate than "supplies" or "consumables".
This results in many paperclips being counted as "equipment".
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