Dayforce software costs reclassified as operating expense
Trusted by teams at
Description
The Town of Comox has reclassified $261,797 in previously capitalized implementation costs for the Dayforce software after auditors determined the system does not qualify as a capital asset. The adjustment recognizes Dayforce as an ongoing software service rather than Town‑owned technology.
Contract Details
Contract Amount
$261,797 (implementation costs reclassified from capital)
Vendor
DAYFORCE
Agency
Town of Comox, Canada
Contract Type
TECHNOLOGY
Document Date
May 13, 2026
Renewal Info
Described as implementation costs for software the Town does not own, implying an ongoing software-as-a-service agreement; specific renewal or term details are not provided.
More from DAYFORCE
More from Town of Comox
Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026
Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026
Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026
Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026
Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.