Bookkeeping for manufacturers
Inventory, supplier bills, and production costs recorded and reconciled alongside your bookkeeping.
Example report, shown in full below
Manufacturing
Services available for manufacturers
- Monthly bookkeeping and reconciliation
- Inventory balances reconciled with your inventory software
- Cost of goods sold recording
- Supplier bill processing and approved payments
- Payroll and sales tax filing
Industry knowledge
Bookkeeping considerations in manufacturing
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Inventory stages.
Record raw materials, work in progress, and finished goods in the appropriate accounts.
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Cost of goods sold.
Accurate product costs help you understand your gross margins.
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Supplier bills.
Record materials, parts, and freight costs, with payments approved by you.
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Inventory reconciliation.
Reconcile inventory system valuations with the balances in your books.
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Product and job costs.
Track costs by product or job according to your reporting needs.
Example report
From raw materials to finished goods
See inventory costs at each stage of production, alongside cost of goods sold and gross margin.
Raw materials
Work in progress
Finished goods
Sold
Example with illustrative figures. Reporting depends on your inventory system and the production records you provide.
Software
Software we work with
Inventory and operations
Bills and payments
Accounting
Using something else? Let us know what you use.
Related industries
Discuss your manufacturing bookkeeping
Book a free consultation to discuss your inventory, current bookkeeping, and the support you need.