Maintenance costs for machinery and equipment are charged to the administrative expenses - maintenance expense account.
Because machinery and equipment are fixed assets, the maintenance cost of fixed assets can be expensed and charged to the administrative expense account. The specific accounting entries are: debit: administrative expenses - maintenance costs; credit: bank deposits.
Management costs specific items:
Corporate funds, employee education expenses, business hospitality, taxes, technology transfer fees, amortization of intangible assets, consulting fees, litigation costs, amortization of start-up costs, contributions to the higher management fees, labor insurance premiums, standby insurance premiums, board of directors' dues, financial report auditing fees, start-up costs incurred during the preparatory period, and other management costs. start-up expenses and other administrative expenses.
Corporate expenses: salaries of headquarter management, employee benefits, travel expenses, office expenses, board of directors' fees, depreciation, repair, material consumption, amortization of low-value consumables and other corporate expenses.
Labor insurance premiums: retirement pensions of retired employees, price subsidies, medical expenses (including retirees to participate in the medical insurance fund), relocation expenses, employee severance pay, employee death funeral grants, pension, the provisions of the funds paid to retired cadres and the implementation of the Social Coordination Fund; standby insurance premiums for the enterprise in accordance with the provisions of the state to pay the standby insurance fund.
Board of Directors' Dues: refers to the expenses incurred by the highest authority of the enterprise and its members for the performance of their functions, including travel expenses and meeting expenses.