Workshop machine maintenance costs are included in the administrative expenses account.
Workshop machine repair costs, the new rules are charged to administrative expenses and no longer to manufacturing expenses. The repair costs incurred in the production workshop are charged directly to administrative expenses on the basis that they should be expensed; if they are charged to manufacturing costs under the previous system, they are included in inventory and capitalized.
According to the new accounting standard, the repair cost of workshop equipment should not be charged to manufacturing expenses, but to administrative expenses.
Enterprise production workshop incurred in the daily repair costs of fixed assets are fixed assets cost of subsequent expenditures, because it is the daily maintenance costs, so it does not meet the conditions for the recognition of fixed assets, it should be expensed in the current period profit and loss. If the cost of major repairs actually meet the conditions for recognition of fixed assets, it should be capitalized.
The new standard stipulates that when the routine maintenance expenditure of fixed assets does not meet the conditions for the recognition of fixed assets, the subsequent expenditure incurred by the production plant for the repair of fixed assets is recognized as administrative expenses.
The new standard stipulates that fixed asset repair expenses, etc., which do not meet the recognition conditions stipulated in Article 4 of the Fixed Asset Standard, should be recognized in profit or loss of the current period when they are incurred.
Administrative expenses:
1. Salaries: all line management salaries, bonuses, and wages of temporary workers, including overtime and on-duty wages.
2. Employee Welfare Expenses: Welfare expenses for the logistic department, medical checkups, all medical expenses, employee benefits paid on holidays, subsidies for employees in difficulty, and cool money.
3, business hospitality: all hospitality purposes of expenditure, including cigarettes, alcohol, meals, shopping gifts and other forms of hospitality bills.
4, postage: all fixed and cell phones, network costs, letters and courier costs.
5, travel expenses: all administrative departments and logistics department personnel on business trips and field trips and subsidies, taxi and other costs.
6. Board of Directors' fees: allowances for board members, conference fees, and travel expenses incurred for meetings.
7, office expenses: the purchase of small office supplies, printing, copying, books and newspapers, transportation costs, the purchase of hard disk, CD-ROM, floppy disk and other computer supplies, as well as sockets and other parts of the maintenance, including office supplies from the warehouse.
8, car fees: administrative personnel car costs, including maintenance, refueling, tolls, and all other maintenance costs.