Accounting & Tax Services for Manufacturers
Manufacturing companies operate in a capital-intensive, inventory-driven environment where the difference between a profitable quarter and a loss can come down to cost accounting accuracy, inventory valuation methods, and supply chain expense management. Accounting Intelligence provides specialized manufacturing accounting services that give you clear visibility into your cost structure and help you make smarter pricing, capacity, and investment decisions.
We help manufacturers establish and maintain robust cost accounting systems, including standard costing, actual costing, and activity-based costing frameworks. Proper inventory valuation — FIFO, LIFO, or weighted average — has significant tax implications that our CPAs model proactively to choose the method that best serves your long-term interests. We also manage the complex depreciation schedules that heavy equipment and specialized tooling require, including accelerated depreciation elections.
Texas manufacturers benefit from significant state and local tax incentives, including sales tax exemptions on manufacturing equipment and inputs, ad valorem tax abatements, and economic development incentives. Our SALT team identifies and pursues every available incentive for your operations, and we coordinate with economic development agencies to ensure you're capturing every dollar of available support.
Manufacturing Accounting Services
- Cost accounting system design and implementation
- Inventory valuation and physical count procedures
- Bill of materials analysis and overhead allocation
- Capital expenditure planning and depreciation management
- R&D tax credit analysis and documentation
- Sales tax exemption certificates and compliance
- Texas manufacturing incentive identification
Tax preparation and advanced tax planning are provided through Sanderson & Williams, PLLC.
