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                             May 15, 2023

       Elaine Marion
       Chief Financial Officer
       ePlus inc.
       13595 Dulles Technology Drive
       Herndon, VA 20174

                                                        Re: ePlus inc.
                                                            Form 10-K for
Fiscal Year Ended March 31, 2022
                                                            Filed May 26, 2022
                                                            Response dated
April 21, 2023
                                                            File No. 001-34167

       Dear Elaine Marion:

              We have reviewed your April 21, 2023 response to our comment
letter and have the
       following comments. In some of our comments, we may ask you to provide
us with information
       so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

             After reviewing your response to these comments, we may have
additional
       comments. Unless we note otherwise, our references to prior comments are
to comments in our
       March 24, 2023 letter.

       Response filed April 21, 2023

       Key Business Metrics, page 28

   1.                                                   We note your response
to comment one, including your plan to present gross billings as a
                                                        metric rather than a
non-GAAP financial measure. Please revise your definition to
                                                        explain that gross
billings includes the gross transaction values for certain sales
                                                        transactions that you
recognize on a net basis and, therefore, includes amounts that will
                                                        not be recognized as
revenue.
       Management's Discussion and Analysis
       Results of Operations, page 36

   2.                                                   We note your response
to comment two. While you quantify sales by customer end
 Elaine Marion
ePlus inc.
May 15, 2023
Page 2
         market and vendor for the technology segment and appear to focus on
such in your
         disclosure, your narrative does not appear to explain "why" changes
occured other than
         what appears to be a more general reference to buying cycles and
timing of IT initiatives.
         We note from your fourth quarter earnings call that you experienced
strong growth trends
         in your services business, which includes a wide range of professional
and managed
         services, staffing, logistics and help desk services. However, your
proposed revised
         disclosure does not speak to this factor. We also note from the call
that "annuity quality"
         services tend to have higher margins and more predictable financial
performance, which
         you consider a positive trend. Finally, we note from the call that
product gross margin
         increased 20 basis points to 22.8%, while service gross margin
decreased 390 basis points
         to 35.3%, reflecting lower professional service margins due to higher
costs. Therefore, we
         continue to believe you should attempt to further discuss the key
drivers of changes in
         your results in a way you believe will allow investors to best
understand the business as
         seen through the eyes of management. Additionally, we note from your
response that you
         experienced price inflation on purchases of products which are resold.
Please expand
         your discussion to identify if inflation was a contributing factor in
recording higher
         product revenues and clarify the resulting impact, if quantifiable.
       You may contact Nasreen Mohammed at 202-551-3773 or Lyn Shenk at
202-551-3380 if
you have any questions.



FirstName LastNameElaine Marion                               Sincerely,
Comapany NameePlus inc.
                                                              Division of
Corporation Finance
May 15, 2023 Page 2                                           Office of Trade &
Services
FirstName LastName