But in practice: the production department's repair costs are included in the manufacturing costs is also possible, the administrative department, the sales department are still respectively included in the management, selling costs.
Problem 2: equipment repair costs to do the accounting treatment of what subjects to go workshop equipment repair costs, included in administrative expenses, no longer included in manufacturing costs. Reason: the repair costs incurred in the production workshop directly into the administrative expenses, is based on the repair costs should be expensed; if the original system is included in the manufacturing costs, it is included in the inventory, into the capitalization. The new standard stipulates that fixed asset repair costs that do not meet the recognition conditions stipulated in Article 4 of the fixed asset standard should be recognized in profit or loss when incurred, and it is clearly stated in the appendix of the "Accounting Accounts - Application Guidelines", "Accounting Items and Major Accounting Treatment" that: Fixed asset repair costs incurred by an enterprise in connection with a dedicated sales organization should be recognized in the "Accounting Items and Major Accounting Treatment" section. In the "Accounting Standards for Business Enterprises - Application Guide", it is clearly stated in the appendix "Accounting Accounts and Major Accounts Treatment" that: Fixed asset repair costs incurred by an enterprise in connection with a specialized sales organization are accounted for in the "Selling Expenses" account; Fixed asset repair costs incurred by the production workshops (departments) and administrative departments of an enterprise are accounted for in the "Administrative Expenses" account. "Manufacturing costs" account with fixed assets related to the cost of items is the production workshop of machinery and materials consumption, depreciation of fixed assets, no fixed asset repair cost items.
Question 3: What is the accounting account for repair costs Repair costs should be recorded in the accounting account:
1, the management of the repair costs: management costs
2, the sales department of the repair costs: sales costs
3, the workshop department of the repair costs:
(1) is the workshop to use the fixed assets of the building building maintenance costs are included: Administrative expenses.
(2) is the workshop of machinery and equipment maintenance costs should be included in: manufacturing costs
Question 4: production equipment repair costs are included in what accounts production workshop equipment maintenance costs should be included in manufacturing costs are not directly used in the production of products are included in the cost of manufacturing costs, such as: machinery and equipment repair, depreciation, production of auxiliary materials, workshop utilities, wages of workshop management personnel, fringe benefits, office costs and so on. Office expenses, etc. Costs directly used in the production of products are charged to production costs, such as direct materials, production workshop workers' wages, welfare costs, and costs that should be amortized to the cost of the product (manufacturing costs). Costs incurred by management personnel are charged to administrative expenses, such as management personnel's wages, welfare costs, office expenses, business hospitality expenses, management utilities, management depreciation of fixed assets, repairs, and so on.
Question 5: What is the production workshop equipment maintenance costs accounted for workshop machinery and equipment maintenance costs belong to the administrative expenses
Borrow: administrative expenses
Credit: bank deposits and other subjects
The Ministry of Finance issued the "Enterprise Accounting Standards Application Guidelines Appendix - Accounting Accounts and the main accounting treatment" ("administrative expenses").
In other words, the cost of repair costs incurred by the production workshop is no longer included in the "manufacturing costs - repair costs" account, but directly into the "management costs - repair costs" account.
The guideline explains that the daily repair costs of fixed assets should be recognized directly in the current profit and loss when they are incurred. Fixed asset repair costs incurred by the production plant (department) and administrative departments and other subsequent expenditures are included in the "administrative expenses".
The new standard stipulates that fixed asset repair costs that do not meet the recognition conditions set out in Article 4 of the Fixed Asset Standard should be recognized in profit or loss when incurred, and in the appendix to the "Accounting Standards - Application Guidelines", "Accounting and Main Accounts", it is clearly stated that: "Fixed asset repair costs and other subsequent expenditures incurred by enterprises in connection with the establishment of specialized sales agencies are recognized as "management expenses". In the "Accounting Standards for Business Enterprises - Application Guide", it is clearly stated in the appendix "Accounting Accounts and Major Accounts Treatment" that: the subsequent expenditures such as fixed asset repair costs incurred by an enterprise in connection with a dedicated sales organization are accounted for in the account of "Selling Expenses"; and the subsequent expenditures such as fixed asset repair costs incurred by an enterprise's production workshops (departments) and administrative departments are accounted for in the account of "Administrative Expenses". "Manufacturing costs" account with fixed assets related to the cost of items is the production workshop of machinery and materials consumption, depreciation of fixed assets, no fixed asset repair cost items.
Question 6: workshop equipment daily maintenance costs into what accounts Production workshop equipment maintenance costs are charged to the "administrative expenses - maintenance costs" account Borrow: administrative expenses - maintenance costs Credit: bank deposits (or other accounts payable, etc.)
Question 7: production machine repair costs are charged to what accounts? Major repairs to be charged to the cost of the machine. Minor repairs are charged to manufacturing costs - equipment maintenance costs.
Question 8: What is the accounting account to which the repair costs should be credited? If your company is an industrial enterprise, belonging to the production equipment or workshop maintenance, debit: manufacturing costs, credit: cash/low-value consumables, belonging to the administrative department has nothing to do with production, debit: administrative expenses, credit: cash, etc.. If it is a general office equipment maintenance of commercial enterprises, debit: administrative expenses, credit: cash, etc.
Question 9: Workshop equipment repair costs accounted for in accordance with the provisions of the current accounting standards, such as the repair costs do not belong to the nature of the should be capitalized, it should be charged to the current administrative expenses (repair costs) to be expensed;
Please follow the provisions of the implementation.
Question 10: What is the accounting account for maintenance costs What is the accounting account for maintenance costs according to the maintenance costs of the department, divided into several cases
1. plant equipment maintenance costs are included in the administrative expenses - repair costs
2. workshop equipment is included in the manufacturing costs - repair costs
3. sales department is included in the selling costs - repair costs
4. Employee cafeteria is included in administrative expenses - welfare expenses