Manufacturing enterprises

Accounting for manufacturing enterprises

Manufacturing enterprises are at the core of the real economy, but their complex structure requires much more than standard accounting. In these companies, every stage – from purchasing raw materials to realizing finished products – directly impacts the calculation of production cost, stock inventory valuation, and order profitability.

Whether it’s metalworking, machinery manufacturing, food and beverage industry, or textiles, accounting services should cover the entire production cycle – from material accounting, through direct and indirect costs, to the recording of unfinished production and investments in equipment. Only then can cost and profit management be realistically achievable, making the business sustainable.

What distinguishes accounting in the manufacturing sector?

In manufacturing enterprises, accounting is related to:

Warehouse and material control

– analytical reporting of raw materials, supplies, auxiliary materials, finished and scrap production, with structured traceability by batches, production units, and warehouses;

Cost calculation

– precise calculation based on both normative and actual data, with the ability to track costs by product, order, or project;

Reporting of unfinished production (UPP)

– assessment and reporting of production in progress, according to applicable accounting standards;

Internal control over costs and technological processes

– documentary reflection of material usage, control of norms, and monitoring of deviations;

Depreciation and investments

– correct tax and accounting treatment of machines, equipment, production buildings, and facilities, including applying tax reliefs;

Differentiating direct, indirect, fixed, and variable costs

 – for more accurate pricing, budgeting, and profitability control;

Project and order accounting

– tracking of costs for specific customer orders or internal projects for better efficiency analysis;

Regulatory and environmental costs

– accounting for liabilities related to activities under environmental control or licensing regimes;

Financial planning and forecasting

– based on production capacity, seasonality, order dynamics, and analysis of asset utilization.

Why do manufacturing companies choose to entrust their accounting to ATP Konsult?

Borislav Milanov

manager of "Milanov Woodart" Ltd.

"We are delighted to write a recommendation for ATP Konsult. We have had the opportunity to work together since 2018 and thanks to their guidance we have been able to achieve financial stability, managing all available resources effectively. With their help, over the last year we have made innovations in software that has allowed us to track real-time costs on production batches. This has helped us reduce the cost of most products by over 12% in the first year. We would like to acknowledge the high level of efficiency and precision, as well as the integrity and responsibility shown by ATP Konsult in meeting our commitments. As a continuation of the above, our manufacturing company would gladly recommend ATP Konsult as a serious and worthy partner."

Contact us

Contact us for a personalized offer and consultation tailored to the structure of your business.

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.