The maintenance costs of machinery and equipment should be included in the "administrative expenses ~ maintenance fees" account.
1. Maintenance fees for machinery and equipment are included in the management expense-maintenance fee account. Because machinery and equipment are fixed assets, the maintenance costs of fixed assets can be expensed and included in the management expense account.
2. The specific accounting entries are: Debit: Management expenses - Maintenance expenses Loan: Bank deposits
3. The main accounting contents of management expenses: company funds, employee education funds, business entertainment fees, taxes, technology transfer fees, amortization of intangible assets, consulting fees, litigation fees, amortization of start-up costs, management fees paid to superiors, labor insurance premiums, unemployment insurance premiums, board of directors dues, financial report audit fees, start-up expenses incurred during the preparation period fees and other administrative expenses. 1. Company expenses include headquarters management staff salaries, employee benefits, travel expenses, office expenses, board of directors dues, depreciation expenses, repair expenses, material consumption, amortization of low-value consumables and other company expenses; 2. Labor insurance premiums refer to retirement expenses Employees’ pensions, price subsidies, medical expenses (including retired personnel’s participation in medical insurance funds), relocation expenses in other places, employee retirement benefits, employee death and funeral subsidies, pensions, various funds paid to retired cadres in accordance with regulations, and implementation Social pooling fund; unemployment insurance premium refers to the unemployment insurance fund paid by the enterprise in accordance with national regulations; 3. Board of Directors fees refer to various expenses incurred by the highest authority of the enterprise and its members to perform their functions, including travel expenses, meeting fees, etc. 4. Other expenses Business entertainment expenses incurred by an enterprise that are directly related to production and operation will be allowed to be expensed within the following limits if the taxpayer can provide authentic and valid vouchers or information. The current tax law stipulates: Article 43 of the Implementation Regulations clearly stipulates that business entertainment expenses incurred by an enterprise related to production and operation activities shall be deducted at the rate of 60% of the amount incurred, but the maximum shall not exceed 5‰ of the sales (business) income of the year. Sales (operating) income includes main business income and other business income