Accounting for your industry
Accounting for manufacturing & wholesale.
Inventory, costing and margins tracked accurately, so pricing and growth decisions are based on real numbers.
- Inventory costing
- Financial statements
- Financing preparation
Questions worth getting ahead of
- Valuing inventory and tracking cost of goods sold
- Understanding margins by product line or customer
- Preparing financial statements and forecasts for lenders
Get the inventory and costing right first
Margins are only as reliable as the inventory count and the costs assigned to it. Explain how materials, labour and overhead reach the cost of each product, how inventory is counted and where it is held. Consistent costing makes pricing decisions and the year-end financial statements easier to rely on.
Plan equipment, financing and growth on real numbers
New equipment, a larger facility or a big customer can change cash requirements before the revenue arrives. A forecast that reflects payment terms, supplier deposits and loan payments supports the financing conversation. Lenders will want financial statements and forecasts that reconcile to each other.
Support to discuss with Versa
Bookkeeping
Monthly books in QuickBooks or Xero, reconciled to the bank and ready for tax time. We can also set up or clean up your system.
What it involves AccountingFinancial statements
Year-end financial statements your bank, landlord or investors can rely on. (Formerly called Notice to Reader.)
What it involves AdvisoryCFO advisory
Forecasts, cash-flow planning and business plans, so decisions about hiring, borrowing or expanding are based on real numbers.
What it involves TaxCorporate tax
Your T2 filed accurately and on time, with year-end planning that keeps more money in your business.
What it involvesStart with the way your business works
Tell the team how you earn revenue, which systems you use, how current your records are and what decision or deadline is coming next. That context helps identify the work to discuss — rather than assuming every business in your industry needs the same package.