Accounting & Bookkeeping
Services for Manufacturing Industry
Accountants for your Manufacturing Business in Toronto
Accounting for a manufacturing business is quite complex due to the many different components involved in the production process. Here comes One Accounting, the best solution for your Accounting and taxation needs. As the top provider of accounting services for manufacturing businesses, we help in tracking the cost of each item produced, including direct materials, direct labour, and overhead costs. Also, we help by implementing inventory management systems and conducting regular inventory audits. The accounting experts ensure your business complies with all relevant tax laws and regulations, and help identify opportunities for tax savings.
We provide effective Accounting & Tax Services for Manufacturers
Are you struggling with accounting or tax? Give us a call! One Accounting is a smart choice for small to large size manufacturers who want to streamline their operations, reduce costs, and improve their financial reporting and compliance. One Accounting is a team of skilled professionals in accounting, bookkeeping, payroll and tax filing.
Accounting Services for Manufacturing Business in Toronto
Tracking raw materials, work-in-progress, and finished goods. Calculating the cost of goods sold and determining the value of the business’s assets.
Tracking the cost of producing each unit of goods, including direct materials, direct labour, and overhead costs for making decisions in pricing, production, and cost management.
Tracking employee hours, calculating payroll taxes, and making sure that employee benefits are recorded accurately
Manufacturing businesses may be subject to Federal Income Tax, State and local tax, Excise taxes, Employment taxes or International taxes. Our tax accountants will help you plan and file taxes accordingly.