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Boost Manufacturing Efficiency with Outsourced Accounting Solutions – FISCFILER

The manufacturing industry plays a crucial role in the industrial sector of developed economies, producing both final goods for end-users and intermediate products for further production. As one of the leading wealth-generating sectors, manufacturing relies heavily on sophisticated technologies and streamlined methods collectively known as manufacturing process management. At FISCFILER, we specialize in outsourced accounting solutions for manufacturing businesses, focusing on accurate inventory valuation, cost of goods sold, and full-cycle financial reporting. Manufacturing accounting can be complex — from raw material procurement to final product delivery — and requires a well-structured, automated accounting system. Our expert team brings extensive experience in implementing integrated accounting systems that encompass financial accounting, inventory accounting, and cost accounting. With FISCFILER as your accounting partner, you gain the precision, efficiency, and strategic insight needed to scale your manufacturing operations with confidence.

Our Process for Integrating Financial, Cost, and Inventory Modules in Manufacturing Accounting

At FISCFILER, we follow a structured and strategic approach to seamlessly integrate all core accounting components —
Financial Accounting, Cost Accounting, and Inventory Management — tailored specifically for manufacturing businesses.
This ensures complete visibility, accuracy, and efficiency across your operations.

We begin by understanding your manufacturing workflows, chart of accounts, inventory flow, and cost structure.
We map raw materials, work-in-progress, and finished goods to the correct accounts and cost centers.
We integrate your financial ledger with costing and inventory systems, ensuring real-time data flow between departments.
Automated entries for purchase, production, stock movement, and sales ensure consistency and reduced manual effort.
We define and implement cost allocation methods (standard, actual, or activity-based) based on your business needs.
We run test scenarios to validate financial accuracy and process reliability before going live.
Your team is trained on how to use and interpret the integrated system effectively.
We continue to monitor, refine, and optimize your accounting setup as your business evolves.

Our Manufacturing Accounting Services

Set Up Chart of Accounts
Posting of purchase transactions including Purchase order, Purchase invoice and receipt of inventory (Including batch with expiry/serial no)
Entry for other purchase related expenses for calculating landing cost
Capturing finished goods item wise BOM
Entry for issue of material for production
Posting necessary entry for transfer of material between locations
Posting of stock adjustment entries if any
Allocation of labour, electricity and other direct expenses against production
Recording of estimates, quotes, sales invoices and delivery note
verifying and recording bills from vendors
Payment to vendors
Processing employees’ pay and update payroll file
Recording depreciation and other adjusting entries
Project wise expense segregation and allocation
Month-end or year-end closing entries

Entering and processing expense invoices
Managing overhead
Preparing Accounts Payable Aging Summary and Details report

Recording of revenue and receipts from customers
Preparing Accounts Receivable Aging Summary and Details report

Profit and Loss Statement
Cash Flow Statement
Balance Sheet Reporting
Trial Balance
Fixed Assets Process Reports
Stock consumption and stock movement analysis report
Location wise inventory report
Outstanding Purchase Order pending for receipt of goods
Outstanding Sales Order pending for dispatch of goods
Cost Accounting for different manufacturing processes
Bank Reconciliation report
Item wise costing analysis
Department wise Employment Cost Analysis
Project wise expense segregation and allocation
Variance analysis

Setting up Payroll
Payday calculations with the processing of payroll
Payroll tax calculation and form filling
941, 1099, 940, and quarterly state tax returns

What we Offer

Food Production

Streamlining financial, inventory, and cost accounting for food production businesses to enhance profitability and compliance.

Automotive

Comprehensive accounting solutions tailored for the automotive sector, ensuring accurate cost tracking, inventory management, and financial reporting

Chemical Industry

Specialized accounting support for the chemical sector, covering cost allocation, inventory control, and regulatory compliance with precision.

Textile

Integrated accounting solutions for the textile industry, focusing on cost efficiency, inventory tracking, and streamlined financial reporting.f

Manufacturing