Manufacturing
Costing, GST on complex supply chains, plant financing and audits for manufacturers — where inventory and credit discipline decide margins.
In manufacturing, the accounting question and the operating question are the same question. Whether a job-work movement was documented correctly, whether input credit on a capital item was taken in the right period, whether scrap left the plant against a document — each is simultaneously a compliance position and a margin outcome.
Where we help
- Product costing and margin analysis
- GST on job work, scrap and capital goods
- Term loan and working capital syndication
- Inventory and stores audit
What actually comes up in this sector
Job work and movement of goods
Goods sent for processing move without a supply having occurred, but only if the documentation, timelines and return reporting hold. Where they do not, the movement can be recharacterised — and the exposure is usually discovered a long way downstream, during audit or an investigation.
Input credit on capital goods and inputs
Eligibility, the period of availment, reversals on exempt or non-business use, and the treatment of goods written off or destroyed all require a position taken at the time, not reconstructed later. A credit register that agrees to the returns and to the books, monthly, is the only defensible arrangement.
Costing that reflects the plant
Standard costing built once and never revisited stops describing the plant. We rebuild product-level cost with current consumption, yield, rejection and overhead absorption so that pricing and make-or-buy decisions rest on the factory as it runs today.
Inventory and stores assurance
Physical verification, valuation method, slow-moving and obsolescence provisioning, and reconciliation between the stores records, the books and the GST returns. For a lender or a statutory auditor, inventory is where the doubt starts.
How the engagement runs
Understand
A scoping discussion with a partner covering the facts of your business, the records that already exist and the positions previously taken.
Agree
Written scope and fee, a document checklist and a named team member responsible for the sector work.
Deliver
Execution against tracked deadlines with partner review, and working papers retained for every position taken.
Stand behind
If a filing or position is later questioned, the same team that made it defends it.
Questions we are asked
Do you carry out stock audits for lenders?
Yes. We conduct stock and receivable verification assignments, including for banking arrangements, and report in the format the lender requires.
Can costing work be done without disturbing the plant?
Largely. Consumption, yield and rejection data usually already exist in the production system; our work is to reconcile that data to the financial records and identify where the two disagree.
Frequently paired services
Talk to the sector team
Describe your business in one call — we will map the compliance and advisory picture end to end.
Book a consultation