Further off topic. CAPEX to me means the COBOL optimizer bought by CA in the 80s
> -----Original Message----- > From: IBM Mainframe Discussion List <[email protected]> On > Behalf Of R.S. > Sent: Monday, January 18, 2021 6:57 AM > To: [email protected] > Subject: Re: EOM for z hardware clarification > > Well said. > However I have different observations of real world. It can be computer, > dasd array, car, truck, airplane, etc. > I even know cases when a leasing company is owned by leasing client. > Sometimes bank lend money to (its own) leasing company just to lease > something from that company. > Of course I do not operate in US, so YMMV. > > BTW: leasing, CAPEX and OPEX are slightly off-topic. ;-) > > -- > Radoslaw Skorupka > Lodz, Poland > > > > > > > W dniu 18.01.2021 o 14:05, Joe Monk pisze: > > "CAPEX can be converted to OPEX i.e. by using leasing services." > > > > The lease must be a fair market value lease, so that title does not pass. > > Only then is it considered OPEX. > > > > If it's a dollar buyout lease, then its a CAPEX lease and must be > > accounted for as CAPEX. > > > > Joe > > > > On Mon, Jan 18, 2021 at 6:46 AM R.S. <[email protected]> > wrote: > > > >> W dniu 18.01.2021 o 13:28, Joe Monk pisze: > >>> "2. EOM and EOS are important, but IMHO prices are more important. In > >>> many cases it is cheaper to replace machine than to buy service contract > >>> for existing (old) one. And it is rather cheaper to buy newer model even > >>> if new and new-1 are available." > >>> > >>> The purchase of hardware is CAPEX. The purchase of a service contract > is > >>> OPEX. OPEX is an expense and affects income, therefore you do not > have > >> to > >>> pay income tax on it. CAPEX affects fixed assets and there are taxes to > >> be > >>> paid on it. > >>> > >>> There is a point where it is less expensive to replace, say a model with > >>> one that is newer (maybe a z13 with a z16). But in general, it is less > >>> expensive to maintain an existing piece of equipment than to buy a new > >> one > >>> (depreciation and all). > >> CAPEX can be converted to OPEX i.e. by using leasing services. There are > >> also other tricks. > >> Regarding prices - I do not have to convince anyone, but ...I used to > >> buy mainframes and I simply see IBM offerings. Depending on time > >> perspective *usually* it is more effective (cheaper) to buy new > >> equipment than buy service for existing one. My advice: buying new > >> hardware is the best time to think about service for all life of it. > >> Extending support after first year tend to be more expensive, especially > >> when new machine is available. > >> > >> -- > >> Radoslaw Skorupka > >> Lodz, Poland > >> > > > > ========================================================== > ============ > > Jeśli nie jesteś adresatem tej wiadomości: > > - powiadom nas o tym w mailu zwrotnym (dziękujemy!), > - usuń trwale tę wiadomość (i wszystkie kopie, które wydrukowałeś lub > zapisałeś na dysku). > Wiadomość ta może zawierać chronione prawem informacje, które może > wykorzystać tylko adresat. Przypominamy, że każdy, kto rozpowszechnia > (kopiuje, rozprowadza) tę wiadomość lub podejmuje podobne działania, > narusza prawo i może podlegać karze. > > mBank S.A. z siedzibą w Warszawie, ul. 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