Jinan accounting training, Bopeng training will give you the answer Maintenance fund (maintenance fund), also known as "public *** maintenance fund" and "special maintenance fund", refers to the owner of a residential property for the public *** parts and * in the property area

**A fund that pays a certain amount of money to a special account for the maintenance and repair of facilities and equipment, and authorizes the owners' committee to manage and use it uniformly.

The maintenance fund is jointly raised by the owners of the property. The owners have ownership of the maintenance fund according to the payment ratio, but the right to use it belongs to all owners. A single owner is not allowed to withdraw all of his maintenance fund from the bank.

The maintenance fund is integrated with the specific house, exists and disappears with the existence of the house, and does not change due to changes in the specific owner. When a new owner becomes a new owner due to a change in the property rights of the house, the maintenance fund should also be renamed by the old owner to the new owner's name.

When accounting is done, maintenance funds should be included in administrative expenses, but they cannot be deducted before tax without invoices.