Recording Asset repair cost on accounts

ERPNext Accounting
1

Not able to record the asset repair cost on accounts
By default, there are no integration of asset repairing cost on ERPNEXT accounts(CoA). For example. an asset repair cost of 2000USD cannot be recorded onto expense accounts as ERPNEXT currently not have the feature and I should have to manually post 2000usd repair cost on asset to expense account.

I have tried to post 2000 usd through journal entry by

2000 DR office expenses
2000 CR to credit payable to(service provider of asset repair)
With further plans to clear payable by payment 2000 from company bank account.

But I am unabke to add journal entry for add asset repair cost. I am doing in right way!

Really appreciate any ideas or suggestions to record the asset repair cost on accounts(CoA).

ERPNext: v13.0.0-beta.14 (version-13-beta)

Frappe Framework: v13.0.0-beta.12 (version-13-beta)

2

Hi,

The docs suggest that when the Purchase Invoice for the repair is entered, the item can be edited to assign the expense to an Expense Head. See section 4.1 here: https://docs.erpnext.com/docs/v13/user/manual/en/accounts/purchase-invoice

I am not sure how one links the an expense account to the Cost Center in Accounting Dimensions on the Asset Repair form, someone more knowledgeable will hopefully reply.

3

You can create an expense account called Asset Repair and Maintenance in your chart of account.
Then
2000 Dr Asset Repair and Maintenance
2000 Cr Creditor (under the Party,select the Vendor name )
Tag the transaction to the cost center and submit.