Accounting for IT

I’ve searched and searched and not found anything in your archives… so here goes…

As a new IT Manager, I am working with the Finance Director to re-arrange our accounting systems to better track IT expenditures. This company has had very little focus on that area.

Does anyone have suggestions on how one arrange GL codes/categories to account for IT expenditures. And how does one account for Software, Hardware, Capitalized or not, Software maintenance and consulting fees, etc, etc, etc.

Any insight would be helpful to ME and probably to many others as well…