maintenance agreements

Do You Depreciate Maintenance Agreements?

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Do You Depreciate Maintenance Agreements? Maintenance agreements should be expensed straight-line over the maintenance period, although depending on your company’s materiality threshold, it may be expensed when paid. For example, if you were paid the $50K on January 1, 2009 for a 12 month period, you would book the entire amount to prepaid expense. When

How Much Hvac Maintenance Contract Cost?

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How Much Hvac Maintenance Contract Cost? According to some experts, however, some HVAC extended warranties may not be worth the cost. This is because the original manufacturer’s warranty usually provides excellent parts coverage, and any labor cost is likely to be less than the extended warranty cost. How much do HVAC service calls cost? Service