Accounting Services for the Manufacturing Industry
At Morton Moore, we help manufacturing businesses make sense of complex cost structures and deliver accurate, real-time financial insight. Whether you’re managing raw material inputs, finished goods, or capital-intensive equipment, our accounting services are built to give you full control and clarity.
Why Manufacturing Accounting Is Different
Unlike service-based businesses, manufacturers have layered costs, raw materials, labour, overhead, and waste that affect profitability at every step of the production cycle. We understand this, and we tailor your financial systems to track and improve the areas that matter most.
Our Core Accounting Services
Inventory & Cost of Goods Sold (COGS) Accounting
- We implement reliable methods to track inventory valuation and COGS, so you always know your true profit margins. Whether you use FIFO, or weighted average, we match your accounting system to your production realities.
Custom Chart of Accounts for Manufacturing
- We create an industry-specific chart of accounts that categorizes your direct and indirect costs effectively helping you track costs by production line, department, or product group.
Depreciation & Asset Management
- Machinery and tools wear down but your finances shouldn’t. We manage depreciation schedules, track asset lifecycles, and ensure your balance sheet reflects reality.
Job Costing & Project Accounting
- Know the exact profitability of each production job, batch, or client order. We’ll set up systems to calculate the total cost per unit including raw materials, labour, and machine time.
What Sets Us Apart
Industry-Specific Expertise
- We know the manufacturing environment inside and out, from BOM (bill of materials) complexity to WIP (work-in-progress) challenges. Our experience allows us to build systems that mirror your production model, not generic templates.
Actionable Insights – Not Just Reports
- You won’t just get monthly figures. We translate numbers into decisions. Whether it’s identifying cost leakages, inefficient lines, or underperforming SKUs, our reports highlight what matters and what to fix.
Modern Cloud-Based Systems
- We help you move to efficient, cloud-based platforms like Xero, Sage, or QuickBooks Online, fully integrated with your inventory, POS, or production software. You’ll have access to real-time data anywhere, anytime.
Hands-On, Proactive Support
- We don’t disappear after month-end. From pricing strategy reviews to supplier negotiations or capex planning, we’re there when you need us. Our relationship goes beyond compliance.
Who we work with?
Our clients range from:
- Furniture and wood product manufacturers
- Automotive parts and engineering firms
- Plastics and packaging manufacturers
- Food and beverage processors
- Electrical goods and steelworks
If your business turns raw materials into finished products, we can help.
Morton Moore
© 2025 Morton Moore. All rights reserved.
| Professional Accounting & HR Services | Based in South Africa
Contact
cj@morton-moore.com
(084) 072-1226
Monday – Friday
8am – 6pm
Morton Moore 