Accounting entries for maintenance costs of fixed assets:

Debit: management expenses

Credit: bank deposits

Housing maintenance expenses, It is directly included in the expenses of the current period, and is included in the "administrative expenses - maintenance expenses" account or the "operating expenses - maintenance expenses" account. Expenses vary depending on the specific use department of the fixed assets, and the corresponding materials and monetary funds are credited. suject.

Housing renovation expenditures should be included in the book value of fixed assets. During reconstruction, fixed assets and related accounts are transferred to construction in progress, and reconstruction expenses are included in construction in progress. After completion, the construction in progress is transferred to fixed assets.

Extended information:

The repair costs of fixed assets do not mention the major repair fund, and the major repair costs incurred should be directly included in the relevant expenses. Since major repair costs are uneven, in order to balance the cost burden, companies can use the deferred method or the accrual method for accounting based on the major repair plan and expected major repair expenditures.

If the major repair cost adopts the deferred method, the repair cost will be treated as a deferred expense when the major repair is completed. If the amortization period is within one year, it will be recorded as a debit to the "prepaid expenses" general ledger account; if the amortization period is more than one year, it will be recorded as a debit to the "deferred assets" general ledger account.

At the same time, the actual cost of self-operated major repairs by the auxiliary production workshop should be included in the credit of the "auxiliary production" general ledger account and the auxiliary production detailed account of the affiliated repair workshop.

The project price paid or payable for major repairs contracted by external units should be credited to the "bank deposit" or "accounts payable" accounts.

When amortizing the major repair expenses that have occurred on a monthly basis, the average monthly amortized expenses during the amortization period should be included in the general ledger of "auxiliary production", "manufacturing expenses" and "administrative expenses" The debit side of the account and the affiliated subsidiary ledger;

The "prepaid expenses" or "deferred assets" general ledger account and the credit side of the affiliated subsidiary ledger are recorded at the same time. When major repair costs are calculated using the accrual method, the accrued amount for each period must be calculated in advance.