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Town of Comox Strategic Planning Committee Agenda Packet May 13, 2026

Dayforce software costs reclassified as operating expense

$261,797 (implementation costs reclassified from capital)Town of ComoxDAYFORCEMay 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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.

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