The invention provides a production method of multifunctional water-washing and filling putty paste. The technological process includes the steps of picking calcium carbonate powder and white emulsion, conducting mixing and stirring, conducting spiral stirring and squeezing and obtaining a finished product. According to the production method, a formula is simple, the formed product is environmentally friendly, batched scrapping is achieved, filling is simple, and the putty paste can be used after a package is opened. In the preparation process, a spiral blender is adopted to conduct stirring and extrusion forming, the formed product is uniform in fusion and low in moisture content, the product is easy to store and not prone to curing as long as moisturizing is well conducted; meanwhile, in the application process, the affinity with wood is good, bonding is firm, strength is high, and dryness is high in speed. Within 72 hours, the protruding and uneven positions obtained after filling can be washed with water and wiped away, and no professional grinding machine is needed to conduct grinding and sorting; besides, the production cost is low, the filling property is good, harness is good, the sealing property is high, adhesion is stable, and the putty paste is suitable for any wood. The putty paste further has the advantages of being free of falling, cracking, collapse and powder falling, easy to color and the like after repairing, and the market prospect is wide.